Is Fermenta Biotec. technically bullish or bearish?

Sep 29 2025 08:06 AM IST
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As of September 26, 2025, Fermenta Biotec's trend has shifted to mildly bearish, supported by bearish momentum indicators and underperformance against the Sensex, despite some mildly bullish daily moving averages.
As of 26 September 2025, the technical trend for Fermenta Biotec has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, supported by the weekly and monthly MACD and KST readings, both indicating bearish momentum. The Dow Theory also reflects a mildly bearish outlook. While the daily moving averages are mildly bullish, the overall sentiment is dampened by the bearish signal from the Bollinger Bands on the weekly timeframe. The stock has underperformed against the Sensex over the past week and month, further reinforcing the bearish sentiment.
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