Is Beta Drugs Ltd technically bullish or bearish?

Sep 10 2025 08:10 AM IST
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As of September 9, 2025, Beta Drugs Ltd is in a mildly bearish trend, indicated by bearish daily moving averages and monthly MACD, despite mixed weekly signals, and has underperformed the Sensex year-to-date.
As of 9 September 2025, the technical trend for Beta Drugs Ltd has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment and the monthly MACD showing a mildly bearish trend. The RSI on a monthly basis is also bearish, while the weekly indicators present a mixed picture with the MACD and KST showing bullish signals. However, the overall trend remains negatively influenced by the Dow Theory indicating a mildly bearish stance. The stock has underperformed the Sensex over the year-to-date and one-week periods, further supporting the bearish outlook.
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