Is Unichem Labs. technically bullish or bearish?

Nov 09 2025 08:09 AM IST
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As of November 7, 2025, Unichem Labs exhibits a bearish trend with moderate strength, driven by bearish indicators across multiple time frames, despite a mildly bullish OBV on the weekly chart.
As of 7 November 2025, the technical trend for Unichem Labs has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly chart, bearish Bollinger Bands on both weekly and monthly time frames, and bearish moving averages on the daily chart. The KST is also bearish on the weekly and mildly bearish on the monthly, while the Dow Theory indicates a mildly bearish stance on both weekly and monthly levels. Despite a mildly bullish OBV on the weekly, the overall technical picture remains negative, especially given the recent price action and significant underperformance compared to the Sensex over various periods.
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