Is Munjal Showa technically bullish or bearish?

As of 14 November 2025, the technical trend for Munjal Showa has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by bearish signals in the MACD and Bollinger Bands on both weekly and monthly time frames. The KST also indicates bearish momentum, while the Dow Theory shows a mildly bearish outlook on the weekly chart. Although the daily moving averages and OBV suggest a mildly bullish sentiment, these are outweighed by the overall bearish indicators. The stock's recent performance, with a decline of 1.94% over the past week compared to a positive return in the Sensex, further supports the bearish sentiment.