Is Indoco Remedies technically bullish or bearish?

Aug 30 2025 08:05 AM IST
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As of 29 August 2025, Indoco Remedies shows a neutral technical trend with mixed signals, as the weekly MACD is mildly bearish, the monthly MACD is mildly bullish, and Bollinger Bands indicate downward pressure, resulting in a lack of clear direction.
As of 29 August 2025, the technical trend for Indoco Remedies has changed from mildly bullish to sideways. The current stance is neutral, with mixed signals across different time frames. The weekly MACD is mildly bearish, while the monthly MACD is mildly bullish, indicating a divergence in momentum. The Bollinger Bands are bearish on both weekly and monthly charts, suggesting downward pressure. Daily moving averages show a mildly bullish trend, but the weekly Dow Theory is mildly bearish, reinforcing the lack of a clear direction. Overall, the indicators reflect a lack of strong conviction in either direction, leading to a neutral stance.
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