Is Beta Drugs Ltd technically bullish or bearish?
As of September 23, 2025, Beta Drugs Ltd shows a mildly bullish trend supported by positive MACD and moving averages, though caution is advised due to mixed longer-term indicators.
As of 23 September 2025, the technical trend for Beta Drugs Ltd has changed from sideways to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on the weekly timeframe and bullish moving averages on the daily timeframe. Additionally, the Bollinger Bands indicate a mildly bullish trend on both weekly and monthly charts. However, the monthly MACD and KST are mildly bearish, suggesting some caution. Overall, the strength of the bullish signal is tempered by mixed indicators in the longer timeframes, particularly the lack of trend in Dow Theory and the absence of signals in the RSI.
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