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 bearish, with key indicators supporting this view. Both the weekly and monthly MACD are bearish, and Bollinger Bands also indicate a bearish trend. The KST is bearish on both time frames, while the Dow Theory shows a mildly bearish stance on the weekly chart. Although the daily moving averages are mildly bullish and the OBV shows a mildly bullish trend, these are overshadowed by the overall bearish signals from the longer-term indicators. The stock has underperformed the Sensex significantly over various time frames, particularly year-to-date and over the past year.