Is Mankind Pharma technically bullish or bearish?

Jul 05 2025 08:06 AM IST
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As of July 4, 2025, the market trend is mildly bearish, supported by bearish MACD and moving averages, despite bullish Bollinger Bands, with KST and OBV also indicating weakness and RSI showing no momentum.
As of 4 July 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD on a weekly basis remains bearish, while moving averages on the daily chart indicate a mildly bearish trend. The Dow Theory also supports this with a mildly bearish signal on both weekly and monthly time frames. Although Bollinger Bands are bullish on both weekly and monthly charts, the overall sentiment is tempered by the mildly bearish readings from the KST and OBV on the weekly chart. The RSI shows no signal on both weekly and monthly time frames, indicating a lack of momentum in either direction.
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