Is Glenmark Pharma technically bullish or bearish?
As of July 4, 2025, Glenmark Pharma's technical trend has shifted to bullish, supported by strong indicators like the weekly MACD and moving averages, despite some mildly bearish signals in the monthly MACD and KST.
As of 4 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are bullish. Moving averages on the daily timeframe also indicate a bullish trend. Additionally, the Dow Theory confirms a bullish stance on both weekly and monthly charts. Despite the monthly MACD and KST showing mildly bearish signals, the overall strength of the bullish indicators suggests a positive outlook for Glenmark Pharma.
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