Is Indegene technically bullish or bearish?

Oct 27 2025 08:09 AM IST
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As of October 24, 2025, the market trend is bearish with moderate strength, driven by bearish MACD, Bollinger Bands, and moving averages, despite mild bullishness in On-Balance Volume.
As of 24 October 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include a bearish MACD on the weekly timeframe, bearish signals from Bollinger Bands, and bearish moving averages on the daily chart. The Dow Theory also indicates a mildly bearish outlook on both weekly and monthly timeframes. Although the On-Balance Volume shows mild bullishness, it is outweighed by the overall bearish indicators.
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