Is Akums Drugs technically bullish or bearish?

Oct 11 2025 08:11 AM IST
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As of October 10, 2025, the trend is mildly bearish due to bearish signals from the weekly MACD and KST indicators, despite some bullish momentum in the RSI readings.
As of 10 October 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly MACD and KST indicators both showing bearish signals. The daily moving averages also confirm a bearish outlook. However, the weekly and monthly RSI readings are bullish, indicating some strength in momentum. The Dow Theory and OBV are both mildly bearish on a weekly and monthly basis, adding to the overall bearish sentiment. Despite today's price action showing a slight increase, the broader trend remains negative, particularly in the context of the significant underperformance compared to the Sensex over various time frames.
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