Is Marksans Pharma technically bullish or bearish?

Oct 20 2025 08:05 AM IST
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As of 17 October 2025, the market trend has shifted to a bearish stance, supported by bearish signals from the MACD, KST, and moving averages, despite some mildly bullish indicators like the RSI and OBV.
As of 17 October 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include the weekly MACD and KST both showing bearish signals, along with daily moving averages confirming a bearish trend. The Bollinger Bands on the weekly timeframe also indicate bearish momentum. Despite a mildly bullish weekly RSI and mildly bullish OBV, the overall sentiment remains negative due to the prevailing bearish indicators across multiple timeframes.
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