Is Indegene technically bullish or bearish?
As of October 24, 2025, Indegene's technical trend is bearish, supported by negative indicators from the MACD, moving averages, and Bollinger Bands, despite some mild bullish signals from the OBV.
As of 24 October 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Indegene is bearish, with a moderate strength indicated by several key factors. The MACD on a weekly basis is bearish, and the moving averages on a daily timeframe also reflect a bearish sentiment. The Bollinger Bands confirm a bearish outlook on the weekly chart. Although the KST shows a bearish signal on the weekly, the Dow Theory indicates a mildly bearish stance on both weekly and monthly timeframes. The OBV, while mildly bullish on both weekly and monthly, does not outweigh the overall bearish indicators. The stock has underperformed significantly compared to the Sensex over multiple periods, reinforcing the bearish outlook.
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