Is Beta Drugs Ltd technically bullish or bearish?

Jul 02 2025 08:17 AM IST
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As of July 1, 2025, Beta Drugs Ltd is in a mildly bearish trend, supported by bearish signals from the MACD, moving averages, and KST, despite mixed signals from the Bollinger Bands.
As of 1 July 2025, the technical trend for Beta Drugs Ltd has changed from mildly bullish to bearish. The current technical stance is bearish with a mild strength. Key indicators driving this stance include the MACD on both weekly and monthly time frames showing mildly bearish signals, and the moving averages on the daily time frame indicating bearish momentum. Additionally, the KST and Dow Theory are both mildly bearish on the weekly time frame, further supporting the bearish outlook. The Bollinger Bands present a mixed signal with a bearish weekly view and a mildly bullish monthly perspective, but overall, the prevailing indicators suggest a bearish trend.
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