Is MM Forgings technically bullish or bearish?

As of 17 September 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish with mixed signals across different time frames. The weekly MACD is mildly bullish, but the monthly MACD remains bearish, indicating a lack of strong momentum. The RSI shows no signal on the weekly chart while being bullish on the monthly, suggesting potential for recovery but not yet confirmed. Bollinger Bands are mildly bearish on both weekly and monthly time frames, aligning with the bearish moving averages on the daily chart. The KST is bearish on both weekly and monthly, further supporting the bearish outlook. Overall, the lack of a clear trend in Dow Theory and the neutral signals from OBV suggest a cautious approach.