Is Beta Drugs Ltd technically bullish or bearish?
As of November 7, 2025, Beta Drugs Ltd is in a mildly bearish trend, indicated by bearish MACD and KST signals on weekly and monthly charts, despite a mildly bullish daily moving average, and significant underperformance against the Sensex.
As of 7 November 2025, the technical trend for Beta Drugs Ltd has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD is bearish on the weekly chart and mildly bearish on the monthly chart. The KST and Dow Theory also indicate a mildly bearish trend on both weekly and monthly time frames. The moving averages show a mildly bullish signal on the daily chart, but this is overshadowed by the overall bearish sentiment in the weekly and monthly indicators. The stock has underperformed significantly against the Sensex over multiple time frames, further supporting the bearish outlook.
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