Is Rossari Biotech technically bullish or bearish?

Sep 17 2025 08:08 AM IST
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As of September 16, 2025, the market trend is mildly bearish, indicated by mixed signals from the MACD, RSI, Bollinger Bands, moving averages, and KST, with some underlying bullishness suggested by the monthly RSI and Dow Theory.
As of 16 September 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by a combination of indicators. The MACD is bearish on the weekly chart and mildly bearish on the monthly chart, while the RSI shows a bullish signal on the monthly but no signal on the weekly. Bollinger Bands are mildly bearish on both time frames, and moving averages indicate a bearish trend on the daily. The KST is bearish across both weekly and monthly time frames, but Dow Theory suggests a mildly bullish stance on the weekly. Overall, the mixed signals indicate a weak bearish sentiment with some underlying bullishness on the monthly RSI and Dow Theory.
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