Is Indoco Remedies technically bullish or bearish?

Jul 16 2025 08:07 AM IST
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As of July 15, 2025, Indoco Remedies shows a mildly bullish trend supported by positive MACD and Bollinger Bands, despite mixed signals from moving averages and OBV.
As of 15 July 2025, the technical trend for Indoco Remedies has changed from mildly bearish to mildly bullish. The weekly MACD is bullish, supporting the positive shift, while the monthly MACD is mildly bullish. Bollinger Bands are bullish on both weekly and monthly time frames, indicating upward momentum. The Dow Theory also reflects a mildly bullish stance on both weekly and monthly charts. However, the daily moving averages are mildly bearish, which presents a mixed signal. The KST shows bullish weekly momentum but bearish monthly momentum, and the OBV is mildly bearish weekly but mildly bullish monthly. Overall, the current technical stance is mildly bullish, driven primarily by the bullish indicators in the MACD and Bollinger Bands, despite some mixed signals from moving averages and OBV.
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