Is Mankind Pharma technically bullish or bearish?

Jun 21 2025 08:05 AM IST
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As of June 20, 2025, the market trend is bearish with moderate strength, indicated by bearish MACD and Bollinger Bands, despite some conflicting signals from Dow Theory and KST, and the stock has underperformed compared to the Sensex.
As of 20 June 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 on both weekly and monthly timeframes, and bearish moving averages on the daily timeframe. Additionally, the Dow Theory indicates a mildly bearish outlook on the weekly timeframe, while the KST shows a mildly bullish signal, which contrasts with the overall bearish sentiment. The stock has also underperformed significantly compared to the Sensex over the past month and year-to-date.
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