Is Dr Reddy's Labs technically bullish or bearish?
As of October 8, 2025, the technical trend is mildly bearish, supported by bearish MACD readings, Bollinger Bands, KST, and OBV, despite daily moving averages showing a mildly bullish signal.
As of 8 October 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly and monthly MACD readings, both indicating a bearish sentiment. The Bollinger Bands also reflect a bearish outlook on the weekly and mildly bearish on the monthly. The KST and OBV are both mildly bearish on the weekly, contributing to the overall bearish sentiment. Although the daily moving averages show a mildly bullish signal, the prevailing indicators suggest a bearish trend. The stock has underperformed against the Sensex across multiple time frames, further supporting the bearish outlook.
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