What is the technical trend for Pearl Polymers?

As of 2 June 2025, the technical trend for Pearl Polymers has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating bearish momentum. The weekly MACD and KST are mildly bullish, but the monthly indicators, including MACD and Bollinger Bands, show a bearish outlook. The RSI on the monthly timeframe remains bullish, suggesting some underlying strength, but overall, the mixed signals indicate a lack of strong bullish momentum. The stock's recent performance also reflects a significant year-to-date decline of 22.45%, contrasting with the Sensex's positive return, further supporting the bearish sentiment.