Is MM Forgings technically bullish or bearish?

As of 12 June 2025, the technical trend for MM Forgings has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish sentiment. While the weekly MACD and KST are mildly bullish, the monthly indicators, including MACD and KST, are bearish, suggesting a mixed outlook across different time frames. The RSI shows no signal on the weekly but is bullish on the monthly, further contributing to the overall neutral to bearish sentiment. The stock has underperformed significantly on a year-to-date and one-year basis compared to the Sensex, indicating weakness in the longer-term trend.