Is Marksans Pharma technically bullish or bearish?
As of October 17, 2025, the market trend is bearish with moderate strength, indicated by bearish MACD, moving averages, and Bollinger Bands, despite a bullish RSI.
As of 17 October 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 moving averages on the daily timeframe, and bearish Bollinger Bands on the weekly timeframe. The RSI on the weekly is bullish, but this is overshadowed by the overall bearish signals from other indicators. The KST and Dow Theory also reflect a bearish sentiment on the weekly timeframe.
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