Is Glaxosmi. Pharma technically bullish or bearish?

Oct 16 2025 08:06 AM IST
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As of October 15, 2025, the market trend has shifted to a moderately bearish stance, supported by bearish indicators such as the MACD, moving averages, and KST, while the mixed signals from Bollinger Bands and a mildly bearish OBV further reinforce this outlook.
As of 15 October 2025, the technical trend has changed from mildly bullish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include a bearish MACD on the weekly chart, bearish moving averages on the daily timeframe, and a bearish KST on the weekly. The Bollinger Bands show a mixed signal with a bearish stance on the weekly and bullish on the monthly, while the OBV indicates a mildly bearish trend on the weekly. Overall, the lack of strong bullish signals in the RSI and Dow Theory further supports the bearish outlook.
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