Is Biocon technically bullish or bearish?
As of July 14, 2025, Biocon's technical trend has shifted to bullish, supported by strong indicators like a bullish MACD and moving averages, despite a mildly bearish KST signal on the monthly timeframe.
As of 14 July 2025, the technical trend for Biocon has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both weekly and monthly time frames, and Bollinger Bands also indicate a bullish trend on both time frames. Daily moving averages are bullish, reinforcing the positive outlook. However, the KST shows a mildly bearish signal on the monthly, and Dow Theory indicates a mildly bullish stance on the monthly while showing no trend on the weekly. Overall, the strength of the bullish signal is supported by the recent price action, with the stock trading above its previous close and showing positive returns over the past week and month compared to the Sensex.
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