Is Shilpa Medicare technically bullish or bearish?

Nov 14 2025 08:13 AM IST
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As of November 13, 2025, the technical trend is mildly bearish due to a bearish MACD and KST, despite some mixed signals from Bollinger Bands and Dow Theory, with the stock underperforming against the Sensex year-to-date and over the past year.
As of 13 November 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by a bearish MACD on the weekly chart and a mildly bearish KST. The daily moving averages also indicate a mildly bearish trend. While the Bollinger Bands show a bullish signal on the monthly timeframe, the overall indicators suggest weakness in the current price action. The Dow Theory indicates a mildly bullish stance on the weekly chart but is mildly bearish on the monthly, reflecting mixed signals. The stock has underperformed compared to the Sensex over the YTD and 1Y periods, further supporting the bearish outlook.
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