Is Abbott India technically bullish or bearish?

Oct 08 2025 08:09 AM IST
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As of October 7, 2025, the technical trend has shifted to mildly bearish, driven by bearish signals from the weekly MACD, KST, and Bollinger Bands, despite some bullishness in the monthly indicators and daily moving averages.
As of 7 October 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly MACD and KST indicators both indicating bearish momentum. The weekly Bollinger Bands also confirm a bearish outlook, despite the monthly Bollinger Bands showing bullishness. The daily moving averages remain mildly bullish, but this is overshadowed by the overall bearish signals from the weekly indicators. The Dow Theory reflects a mildly bearish stance on the weekly timeframe. Overall, the technical indicators suggest a cautious approach, with bearish sentiment prevailing in the short to medium term.
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