Is Torrent Pharma technically bullish or bearish?
As of June 18, 2025, Torrent Pharma's technical trend is mildly bearish due to daily moving averages and monthly MACD signals, despite some bullish indicators on the weekly charts, suggesting a cautious outlook.
As of 18 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and the monthly MACD showing a mildly bearish signal. While the weekly MACD and KST are bullish, the overall indicators suggest a lack of strong upward momentum. The Bollinger Bands indicate a mildly bullish signal on the weekly timeframe, but this is overshadowed by the bearish daily moving averages. The Dow Theory shows a mildly bullish stance on the weekly chart, but with no clear trend on the monthly. Overall, the mixed signals indicate a cautious outlook for Torrent Pharma.
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