Is Biocon technically bullish or bearish?
As of September 26, 2025, Biocon's technical trend has shifted to bearish, with key indicators like the MACD and Bollinger Bands showing mixed signals, while the stock has underperformed against the Sensex.
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 and OBV also indicate mild bearishness on the weekly. The Bollinger Bands show a bearish signal on the weekly but mildly bullish on the monthly, suggesting mixed signals. Moving averages are mildly bullish on the daily, but this is overshadowed by the overall bearish indicators. The stock has underperformed against the Sensex over multiple time frames, further reinforcing the bearish sentiment.
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