Is Biocon technically bullish or bearish?

As of 26 September 2025, the technical trend for Biocon has changed from mildly bullish to sideways. The current technical stance is bearish, with key indicators supporting this view. The MACD is mildly bearish on both the weekly and monthly time frames, while the KST also shows a mildly bearish signal on both time frames. The Bollinger Bands indicate a bearish stance on the weekly chart, although they are mildly bullish on the monthly chart. Additionally, the moving averages are mildly bullish on the daily time frame, but this is overshadowed by the overall bearish signals from the weekly indicators. The OBV is mildly bearish on the monthly time frame, further confirming the bearish outlook. Overall, the strength of the bearish stance is moderate, driven primarily by the weekly MACD and KST indicators.