Is Beta Drugs Ltd technically bullish or bearish?

Nov 08 2025 08:16 AM IST
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As of November 7, 2025, Beta Drugs Ltd's technical trend has shifted to mildly bearish, influenced by bearish MACD readings, KST and Dow Theory indicators, and negative performance against the Sensex, despite mildly bullish daily moving averages.
As of 7 November 2025, the technical trend for Beta Drugs Ltd has changed from mildly bullish to mildly bearish. The current technical stance is mildly bearish, driven by several key indicators. The MACD is bearish on the weekly and mildly bearish on the monthly, while the KST and Dow Theory both indicate a mildly bearish stance on both time frames. The Bollinger Bands show a bearish trend on the weekly and sideways on the monthly. Although the daily moving averages are mildly bullish, the overall sentiment is dampened by the negative performance against the Sensex over multiple periods, particularly a 1-year return of -18.61% compared to the Sensex's 5.34%.
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