Is Global Health technically bullish or bearish?
As of June 20, 2025, the technical trend has shifted to mildly bearish, supported by a bearish MACD, Bollinger Bands, and Dow Theory, despite daily moving averages showing a mildly bullish signal.
As of 20 June 2025, the technical trend has changed from mildly bullish to mildly bearish. The current technical stance is mildly bearish, driven by the weekly MACD indicating a bearish sentiment and Bollinger Bands confirming a bearish outlook. The Dow Theory also supports a mildly bearish stance on the weekly timeframe. Although the daily moving averages show a mildly bullish signal, the overall indicators suggest a weakening trend. The stock has underperformed against the Sensex over the past week and month, further reinforcing the bearish sentiment.
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