Is Torrent Pharma technically bullish or bearish?
As of June 13, 2025, Torrent Pharma's technical trend is mildly bearish, supported by bearish MACD readings and daily moving averages, despite some bullish signals from Bollinger Bands and a mixed KST.
As of 13 June 2025, the technical trend for Torrent Pharma has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven primarily by the weekly and monthly MACD readings, both indicating a bearish outlook. The daily moving averages also support this bearish sentiment. While the Bollinger Bands show bullish signals on both weekly and monthly time frames, they are outweighed by the overall bearish indicators. The KST is mixed, being bullish weekly but mildly bearish monthly, and the Dow Theory indicates a mildly bearish trend on the weekly scale. Overall, the strength of the bearish stance is reinforced by the lack of strong bullish signals in the RSI and the mixed performance of the OBV.
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