Is Indegene technically bullish or bearish?

Oct 25 2025 08:18 AM IST
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As of October 24, 2025, Indegene's technical trend has shifted to bearish, supported by negative signals from the MACD, moving averages, and Bollinger Bands, despite mild bullishness in On-Balance Volume.
As of 24 October 2025, the technical trend for Indegene has changed from mildly bearish to bearish. The current stance is bearish with a strong indication of weakness. The weekly MACD is bearish, and the daily moving averages also confirm a bearish outlook. The Bollinger Bands on the weekly chart are bearish, further supporting the negative trend. Although the On-Balance Volume (OBV) shows mild bullishness on both weekly and monthly time frames, it is overshadowed by the overall bearish signals from other indicators. The Dow Theory indicates a mildly bearish stance on both weekly and monthly charts. Overall, the indicators suggest a bearish sentiment with significant weakness in the current trend.
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