Is IRM Energy technically bullish or bearish?

As of 29 August 2025, the technical trend has changed from mildly bearish to bearish. The current stance on IRM Energy is bearish, with a moderate strength indicated by several key factors. The MACD is bearish on the weekly time frame, and both the Bollinger Bands and daily moving averages confirm a bearish outlook. The Dow Theory also supports a mildly bearish sentiment on the weekly and monthly charts. Although the KST shows a bullish signal on the weekly, it is overshadowed by the overall bearish indicators. The stock has underperformed significantly over the past year, with a return of -36.31% compared to a -2.83% return for the Sensex, further reinforcing the bearish sentiment.