Is Wockhardt technically bullish or bearish?

Oct 20 2025 08:04 AM IST
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As of 17 October 2025, Wockhardt's technical trend has shifted to a bearish stance, supported by bearish indicators across multiple time frames, despite a mildly bullish signal from the Bollinger Bands on the monthly chart.
As of 17 October 2025, the technical trend for Wockhardt has changed from sideways to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly time frame, bearish moving averages on the daily time frame, and a bearish KST on the weekly time frame. The Dow Theory also indicates a mildly bearish outlook on both weekly and monthly time frames. Although the Bollinger Bands show a mildly bullish signal on the monthly, the overall technical picture remains bearish.
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