Is Indegene technically bullish or bearish?
As of 14 October 2025, the technical trend is bearish with moderate strength, supported by bearish indicators from the MACD, moving averages, and Bollinger Bands, despite a mildly bullish signal from the OBV on the monthly timeframe.
As of 14 October 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD is bearish, and the daily moving averages also indicate a bearish trend. The Bollinger Bands on the weekly timeframe confirm a bearish outlook. Although the Dow Theory shows a mildly bearish signal on both weekly and monthly timeframes, the OBV indicates a mildly bullish trend on the monthly, which contrasts with the overall bearish sentiment. The stock has underperformed significantly compared to the Sensex over various periods, further supporting the bearish view.
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