Is Kansai Nerolac technically bullish or bearish?

As of 11 July 2025, the technical trend for Kansai Nerolac has changed from mildly bearish to bearish. The current stance is bearish, with strong indicators supporting this view. The MACD is bearish on both the weekly and monthly time frames, and Bollinger Bands also reflect a bearish outlook in both time frames. Daily moving averages confirm the bearish sentiment. Although the KST shows a bullish signal on the weekly, the monthly remains bearish, indicating a lack of overall strength. The Dow Theory suggests a mildly bullish stance on the weekly but no trend on the monthly, which contrasts with the prevailing bearish indicators. The stock has underperformed against the Sensex across multiple time frames, further reinforcing the bearish outlook.