Is Indegene technically bullish or bearish?
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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