Is Dr Lal Pathlabs technically bullish or bearish?
As of June 23, 2025, the trend has shifted to mildly bearish due to daily moving averages and MACD signals, despite some bullish indicators on the weekly timeframe.
As of 23 June 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and the monthly MACD showing a mildly bearish signal. While the weekly MACD and KST remain bullish, the overall trend is weighed down by the bearish daily indicators. The Bollinger Bands suggest a mildly bullish outlook on the weekly timeframe, but this is overshadowed by the bearish daily moving averages. The Dow Theory indicates a mildly bullish stance on both weekly and monthly timeframes, but the recent price action and returns relative to the Sensex indicate weakness.
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