Is Indoco Remedies technically bullish or bearish?

Oct 24 2025 08:15 AM IST
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As of 23 October 2025, Indoco Remedies shows a neutral technical trend with mixed signals, as weekly indicators suggest mild bearishness while monthly indicators indicate mild bullishness, leading to a lack of clear direction.
As of 23 October 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 conflicting 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 overall sentiment is tempered by the weekly KST and Dow Theory, both indicating mild bearishness. The stock's recent performance has been underwhelming compared to the Sensex, with negative returns across multiple periods. Overall, the technical indicators suggest a lack of clear direction, reinforcing a neutral stance.
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