Is IGC Pharma, Inc. technically bullish or bearish?

Jun 25 2025 08:27 AM IST
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As of May 16, 2025, the trend is mildly bearish due to daily moving averages, despite some positive momentum from weekly indicators, with overall cautious sentiment reinforced by underperformance relative to the S&P 500.
As of 16 May 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend. While the weekly MACD and KST are mildly bullish, suggesting some positive momentum, the overall lack of strong signals from the RSI and Dow Theory, along with the monthly Bollinger Bands being mildly bearish, contribute to a cautious outlook. The stock's performance relative to the S&P 500 over various time frames shows significant underperformance, reinforcing the bearish sentiment.
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