Is Biocon technically bullish or bearish?
As of September 26, 2025, Biocon's technical trend has shifted to a bearish stance, with weekly indicators showing mild bearish signals and underperformance against the Sensex, despite some mixed monthly and daily indicators.
As of 26 September 2025, the technical trend for Biocon has changed from mildly bullish to sideways. The current technical stance is bearish, with a mild strength indicated by the weekly MACD and KST both showing mildly bearish signals. The Bollinger Bands on a weekly basis are also bearish, while the monthly indicators present a mixed view with mildly bullish Bollinger Bands but overall bearish trends in MACD and KST. The daily moving averages are mildly bullish, but this is overshadowed by the bearish signals in the weekly timeframe. The stock has underperformed against the Sensex across multiple timeframes, further supporting the bearish outlook.
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