Is Glenmark Pharma technically bullish or bearish?

Sep 06 2025 08:07 AM IST
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As of September 5, 2025, Glenmark Pharma's market trend is bullish with moderate strength, supported by bullish Bollinger Bands and daily moving averages, despite some caution from mixed MACD signals.
As of 5 September 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. The weekly MACD is mildly bearish, but the monthly MACD is bullish, indicating a divergence in shorter and longer time frames. The Bollinger Bands are bullish on both weekly and monthly charts, supporting the upward momentum. Daily moving averages are also bullish, reinforcing the positive outlook. The KST shows a bullish signal on the weekly but is mildly bearish on the monthly, suggesting some caution. Overall, the combination of indicators points to a bullish sentiment in the current market for Glenmark Pharma.
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