Is Beta Drugs Ltd technically bullish or bearish?

Nov 16 2025 08:08 AM IST
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As of November 14, 2025, Beta Drugs Ltd shows a mildly bearish trend, supported by bearish weekly and monthly MACD and KST indicators, despite some mildly bullish daily moving averages.
As of 14 November 2025, the technical trend for Beta Drugs Ltd has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD and KST both indicating bearish momentum, while the monthly MACD and KST show a mildly bearish outlook. The weekly Bollinger Bands also confirm a bearish trend. Although the daily moving averages are mildly bullish, they are overshadowed by the overall bearish signals from the weekly and monthly indicators. The Dow Theory indicates no trend on the weekly chart but is mildly bearish on the monthly. The stock has underperformed significantly against the Sensex over various periods, further supporting the bearish sentiment.
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