What is the technical trend for Biogen Pharma?

Jun 09 2025 05:59 PM IST
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As of May 19, 2025, Biogen Pharma's trend is mildly bearish, indicated by daily moving averages and monthly MACD, while weekly indicators show mixed signals, leading to a moderate bearish outlook.
As of 19 May 2025, the technical trend for Biogen Pharma has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the monthly MACD showing a mildly bearish signal. Weekly indicators present a mixed picture with the MACD and KST both mildly bullish, while Bollinger Bands remain bearish. The lack of clear signals from the RSI further supports the neutral to mildly bearish outlook. Overall, the strength of the bearish trend is moderate, influenced by the recent price action and the broader market context.
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