Is Zydus Lifesci. technically bullish or bearish?

Aug 21 2025 08:05 AM IST
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As of August 20, 2025, the trend is mildly bullish due to positive indicators like a bullish MACD and moving averages, but mixed signals from monthly charts suggest a cautious approach.
As of 20 August 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on the weekly chart and bullish moving averages on the daily chart. The KST is also bullish on the weekly timeframe, while the OBV indicates mild bullishness on both weekly and monthly charts. However, the monthly MACD and KST are mildly bearish, suggesting some caution. The Dow Theory shows a mildly bullish trend on the monthly timeframe. Overall, while there are positive indicators, the mixed signals from different timeframes indicate a cautious bullish stance.
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