Is Fermenta Biotec. technically bullish or bearish?

Oct 09 2025 08:09 AM IST
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As of October 8, 2025, Fermenta Biotec's technical trend is mildly bearish, supported by bearish MACD readings, Bollinger Bands signals, and underperformance against the Sensex, despite some mildly bullish daily moving averages.
As of 8 October 2025, the technical trend for Fermenta Biotec has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by weekly and monthly MACD readings indicating a bearish momentum, alongside a bearish signal from the Bollinger Bands on the weekly chart. The KST and Dow Theory also support a mildly bearish outlook on both weekly and monthly time frames. Although the daily moving averages show a mildly bullish signal, the overall trend is dominated by the bearish indicators. The stock has underperformed significantly against the Sensex in the past month and year-to-date, further reinforcing the bearish sentiment.
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