Is Mahanagar Gas technically bullish or bearish?

As of 17 September 2025, the technical trend for Mahanagar Gas has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD and KST both indicating bearish signals, while the monthly indicators show a mildly bearish trend as well. The Bollinger Bands also reflect a mildly bearish outlook on both weekly and monthly time frames. Although daily moving averages and Dow Theory show mildly bullish signals, they are outweighed by the bearish indicators in the longer time frames. The RSI shows no signals, indicating a lack of momentum in either direction. Overall, the strength of the bearish sentiment is supported by the prevailing indicators across multiple time frames.