Is NCL Industries technically bullish or bearish?

As of 17 October 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD and KST both indicating bearish signals, along with Bollinger Bands showing a bearish trend. The monthly MACD and Bollinger Bands are mildly bearish as well. Although daily moving averages are mildly bullish, they are outweighed by the overall bearish indicators on the weekly timeframe. The Dow Theory suggests a mildly bullish stance on the weekly, but the lack of a clear trend on the monthly further supports the bearish outlook. Overall, the strength of the bearish sentiment is reinforced by the recent price action, with a decline from the previous close and negative returns over multiple periods compared to the Sensex.