Is Kovai Medical technically bullish or bearish?

As of 19 November 2025, the technical trend for Kovai Medical has changed from sideways to mildly bearish. The current technical stance is mildly bearish, supported by the weekly and monthly MACD readings, both indicating a bearish outlook. The KST and Dow Theory also align with this bearish sentiment on both time frames. Although the daily moving averages show a mildly bullish signal, the overall indicators suggest weakness. The Bollinger Bands indicate a bearish stance on the weekly chart, while the monthly chart shows a mildly bullish condition, adding to the mixed signals. The recent price action, with a decline from the previous close, further reinforces the bearish outlook.