Is Thejo Engg. 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 bearish signals from the MACD and Bollinger Bands on both weekly and monthly time frames. The Dow Theory also indicates a mildly bearish outlook on both weekly and monthly scales. Although the daily moving averages show a mildly bullish signal, the overall strength is tempered by the bearish indicators from the KST and the weekly MACD. The RSI on the weekly is bullish, but the lack of a signal on the monthly suggests caution. The stock has underperformed against the Sensex across multiple time frames, particularly in the 1-year and year-to-date comparisons.