Is Dhampur Bio technically bullish or bearish?

Nov 03 2025 08:09 AM IST
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As of 31 October 2025, Dhampur Bio's trend has shifted to mildly bearish, driven by bearish MACD signals and Bollinger Bands, despite a mildly bullish daily moving average.
As of 31 October 2025, the technical trend for Dhampur Bio has changed from sideways to mildly bearish. The current stance is bearish with a moderate strength. Key indicators driving this include a bearish MACD on both the weekly and monthly time frames, along with bearish signals from the Bollinger Bands. The weekly KST is also bearish, and the Dow Theory indicates a mildly bearish outlook on the weekly chart. Although the daily moving averages show a mildly bullish signal, the overall trend remains negative, especially considering the significant underperformance relative to the Sensex over various periods.
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