Is Mankind Pharma technically bullish or bearish?

Aug 29 2025 08:07 AM IST
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As of August 28, 2025, the trend is mildly bearish due to daily moving averages indicating bearish momentum, despite some bullish signals on the weekly timeframe.
As of 28 August 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating bearish momentum. The weekly MACD remains bullish, but this is offset by the daily bearish moving averages and the lack of clear signals from the RSI and Bollinger Bands. The stock's recent performance shows a significant underperformance compared to the Sensex, particularly year-to-date, which further supports the bearish outlook. Overall, while there are some bullish indicators on the weekly timeframe, the prevailing trend is bearish.
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