Is Mankind Pharma technically bullish or bearish?

Jul 07 2025 08:05 AM IST
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As of July 4, 2025, the market trend is mildly bearish, supported by bearish momentum from the MACD and moving averages, despite mixed signals from Bollinger Bands and other indicators.
As of 4 July 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating bearish momentum and the daily moving averages also showing a mildly bearish trend. The Dow Theory supports this with a mildly bearish signal on both weekly and monthly time frames. Although the Bollinger Bands are bullish on both weekly and monthly charts, the overall indicators suggest a lack of strong bullish momentum. The KST is mildly bullish, but the OBV remains mildly bearish, indicating selling pressure. Overall, the strength of the bearish stance is moderate, with mixed signals from various indicators.
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