Is Abbott India technically bullish or bearish?

Oct 31 2025 08:28 AM IST
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As of October 30, 2025, the technical trend is bearish with moderate strength, driven by bearish MACD, moving averages, and KST, despite a bullish weekly RSI, indicating overall dampened sentiment and underperformance compared to the Sensex.
As of 30 October 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly chart, bearish moving averages on the daily timeframe, and a bearish KST on the weekly. Although the weekly RSI is bullish, the overall sentiment is dampened by the bearish signals from Bollinger Bands and the Dow Theory indicating a mildly bearish trend. The stock has underperformed compared to the Sensex over the past week and year, further supporting the bearish outlook.
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