Is Raymond technically bullish or bearish?

As of 24 October 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by bearish signals from the MACD and Bollinger Bands on both weekly and monthly time frames. The KST is also bearish on both time frames, reinforcing the bearish outlook. Although the daily moving averages indicate a mildly bullish trend, this is overshadowed by the overall bearish indicators. The Dow Theory shows a mixed signal with weekly mildly bullish and monthly mildly bearish trends. Overall, the strength of the bearish sentiment is supported by the recent price action, with the stock down 0.59% over the past week and 7.27% over the past month, underperforming the Sensex.