Is MIC Electronics technically bullish or bearish?

As of 3 July 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with a moderate strength. Key indicators driving this stance include the daily moving averages indicating bearishness, the weekly RSI showing bearish momentum, and both the weekly and monthly Bollinger Bands confirming a bearish trend. Additionally, the Dow Theory suggests a mildly bearish outlook on the weekly timeframe. Despite some mildly bullish signals from the MACD and KST on the weekly timeframe, the overall sentiment remains negative, particularly given the significant year-to-date decline of 36.51% compared to the Sensex's 6.53% gain.