Is Cipla technically bullish or bearish?

Jun 28 2025 08:04 AM IST
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As of June 27, 2025, Cipla's technical trend is mildly bearish, indicated by bearish daily moving averages and mixed signals from MACD and KST, despite bullish Bollinger Bands on weekly and monthly time frames.
As of 27 June 2025, the technical trend for Cipla has changed from sideways to mildly bearish. The weekly MACD remains bullish, but the monthly MACD indicates a mildly bearish stance. The daily moving averages are bearish, which adds to the overall bearish sentiment. Bollinger Bands are bullish on both weekly and monthly time frames, suggesting potential upward movement, but this is tempered by the bearish daily moving averages. The KST shows a bullish weekly trend but is mildly bearish monthly. The OBV is mildly bullish weekly but shows no trend monthly. Overall, the current technical stance is mildly bearish, with key indicators being the bearish daily moving averages and the mixed signals from MACD and KST.
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