Is Emcure Pharma technically bullish or bearish?

Jul 02 2025 08:17 AM IST
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As of July 1, 2025, the technical trend has shifted to mildly bearish, indicated by daily moving averages and weekly RSI, despite a bullish weekly MACD, with overall sentiment supported by Dow Theory and OBV suggesting mild bearishness.
As of 1 July 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 a bearish outlook and the weekly RSI showing bearish momentum. The weekly MACD remains bullish, providing some counterbalance, but the overall sentiment is tempered by the weekly Dow Theory and OBV both suggesting mild bearishness. The stock has also underperformed against the Sensex over various time frames, further supporting the bearish view.
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