Is Glenmark Pharma technically bullish or bearish?

Aug 12 2025 08:12 AM IST
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As of 11 August 2025, Glenmark Pharma's technical trend is bullish, supported by strong weekly and monthly MACD indicators and daily moving averages, although caution is advised due to a mildly bearish monthly KST signal.
As of 11 August 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance for Glenmark Pharma is bullish with a strong indication from the weekly and monthly MACD being bullish. The daily moving averages also support this bullish outlook. The Bollinger Bands are bullish on the weekly and mildly bullish on the monthly, further reinforcing the positive trend. However, the KST shows a mildly bearish stance on the monthly, which suggests some caution. Overall, the strength of the bullish trend is supported by multiple indicators, despite some mixed signals in the longer time frames.
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