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 primarily by the bearish signals from the MACD and Bollinger Bands on both weekly and monthly time frames. The Dow Theory also indicates a mildly bearish trend on both weekly and monthly levels. Although the daily moving averages show a mildly bullish signal, the overall strength of the bearish indicators suggests a prevailing negative sentiment. The RSI on the weekly time frame is bullish, but the lack of a clear signal on the monthly RSI and the bearish KST further reinforce the bearish outlook.