Is Munjal Showa technically bullish or bearish?
As of November 14, 2025, Munjal Showa's technical trend is mildly bearish due to negative signals from key indicators, despite some mildly bullish daily moving averages and underperformance compared to the Sensex.
As of 14 November 2025, the technical trend for Munjal Showa has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by bearish signals from the MACD, Bollinger Bands, and KST on both weekly and monthly time frames. The RSI shows no signal, indicating a lack of momentum in either direction. While daily moving averages are mildly bullish and the OBV is also mildly bullish on the weekly, these are outweighed by the overall bearish indicators. The stock has underperformed the Sensex significantly over various periods, particularly year-to-date and over the past year.
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