Is Rossari Biotech technically bullish or bearish?

Aug 16 2025 08:07 AM IST
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As of August 14, 2025, the technical trend is bearish, supported by strong bearish signals from the MACD, Bollinger Bands, and daily moving averages, despite some mixed indicators from the Dow Theory and bullish momentum in the KST.
As of 14 August 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish, with a strong indication from the weekly MACD and Bollinger Bands both signaling bearish conditions. The daily moving averages also confirm a bearish outlook. Although the KST shows bullish momentum on the weekly timeframe, it is outweighed by the overall bearish signals from other indicators. The Dow Theory presents a mixed view with a mildly bearish weekly stance and mildly bullish monthly stance, but the prevailing bearish trend remains dominant. The stock has underperformed significantly against the Sensex over various time frames, further supporting the bearish sentiment.
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