What is the technical trend for Identical Brains?

Jun 09 2025 07:00 PM IST
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As of June 2, 2025, Identical Brains is in a mildly bearish trend, indicated by the Dow Theory and a lack of clear signals from MACD and RSI, with a year-to-date return of -49.12% compared to the Sensex's 6.17%.
As of 2 June 2025, the technical trend for Identical Brains has changed from does not qualify to mildly bearish. The weekly Dow Theory indicates a mildly bearish stance, and the MACD shows no clear signal on both the weekly and monthly time frames. The RSI is also showing no signal on the weekly and monthly charts. The stock has experienced significant underperformance, with a year-to-date return of -49.12%, compared to a 6.17% return for the Sensex. Overall, the current technical stance is mildly bearish, driven primarily by the Dow Theory and the lack of positive signals from MACD and RSI.
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