Is Abbott India technically bullish or bearish?

Sep 09 2025 08:10 AM IST
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As of September 8, 2025, the technical trend is neutral with mixed signals; while the monthly MACD suggests long-term strength, the weekly indicators, including the bearish MACD and RSI, indicate short-term weakness and a cautious outlook.
As of 8 September 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed signals across different time frames. The weekly MACD and RSI are both bearish, indicating short-term weakness, while the monthly MACD remains bullish, suggesting potential longer-term strength. Moving averages on the daily chart show a mildly bullish trend, but the overall weekly indicators, including KST and Dow Theory, are mildly bearish. The stock has underperformed against the Sensex over the past month and week, further supporting a cautious outlook. Key indicators driving this stance include the bearish weekly MACD and RSI, alongside the mildly bullish monthly MACD.
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