Is Akums Drugs technically bullish or bearish?
As of August 29, 2025, Akums Drugs is in a bearish trend with strong indications of weakness, supported by bearish MACD, moving averages, and Bollinger Bands, despite a mildly bullish OBV on the monthly chart.
As of 29 August 2025, the technical trend for Akums Drugs has changed from mildly bearish to bearish. The current stance is bearish with a strong indication of weakness. The weekly MACD is bearish, and the moving averages on the daily chart also reflect a bearish trend. Bollinger Bands on the weekly are bearish, reinforcing the downward momentum. The KST is bearish on the weekly, while the Dow Theory indicates a mildly bearish trend on both weekly and monthly time frames. Although the OBV shows a mildly bullish signal on the monthly, it does not outweigh the overall bearish indicators. The stock has underperformed significantly against the Sensex over multiple time frames, further supporting the bearish outlook.
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