Is Akums Drugs technically bullish or bearish?

Oct 08 2025 08:11 AM IST
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As of October 7, 2025, the technical trend is bearish with moderate strength, driven by bearish MACD, moving averages, and Bollinger Bands, while showing divergence with a bullish monthly RSI and significant underperformance against the Sensex.
As of 7 October 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with a moderate strength. Key indicators driving this stance include a bearish MACD on the weekly timeframe, bearish signals from Bollinger Bands and moving averages on the daily timeframe, and a mildly bearish outlook from Dow Theory and OBV on both weekly and monthly timeframes. The RSI shows no signal on the weekly but is bullish on the monthly, indicating some divergence. Overall, the bearish trend is reinforced by the stock's significant underperformance compared to the Sensex over multiple periods.
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