Is Panacea Biotec technically bullish or bearish?

Nov 19 2025 08:14 AM IST
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As of November 18, 2025, Panacea Biotec's technical trend has shifted to a bearish stance, supported by bearish MACD, moving averages, and KST indicators, despite some divergence indicated by Bollinger Bands.
As of 18 November 2025, the technical trend for Panacea Biotec has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly chart, bearish moving averages on the daily timeframe, and a mildly bearish KST on the weekly. The Bollinger Bands indicate a bearish trend on the weekly but are mildly bullish on the monthly, suggesting some divergence. The Dow Theory also supports a mildly bearish outlook on both weekly and monthly timeframes. Overall, the combination of these indicators suggests a prevailing bearish sentiment in the market.
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