Is Glaxosmi. Pharma technically bullish or bearish?

Oct 31 2025 08:28 AM IST
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As of October 30, 2025, Glaxosmi Pharma's technical trend has shifted to a bearish stance, driven by bearish MACD, Bollinger Bands, moving averages, and KST indicators, despite a mildly bearish weekly outlook from Dow Theory.
As of 30 October 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly chart, bearish Bollinger Bands on both weekly and monthly time frames, and bearish moving averages on the daily chart. The KST is also bearish on the weekly, contributing to the overall bearish sentiment. Although the Dow Theory shows a mildly bearish weekly outlook and a bullish monthly perspective, the prevailing bearish indicators suggest a negative short-term trend for Glaxosmi. Pharma.
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