What is the technical trend for Marksans Pharma?

Jun 09 2025 06:18 PM IST
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As of June 4, 2025, Marksans Pharma's trend is neutral with mixed signals; while the weekly MACD and Bollinger Bands show mild bullishness, the daily moving averages and monthly indicators suggest caution.
As of 4 June 2025, the technical trend for Marksans Pharma has changed from mildly bearish to sideways. The current stance is neutral, with mixed signals across different time frames. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish, indicating a divergence in momentum. The Bollinger Bands show a mildly bullish trend on both weekly and monthly charts, suggesting potential upward movement. However, the daily moving averages are mildly bearish, which may limit short-term gains. The KST reflects a mildly bullish weekly trend but is mildly bearish monthly, further contributing to the mixed outlook. The On-Balance Volume (OBV) is bullish on both weekly and monthly time frames, indicating accumulation. Overall, the lack of a clear trend in Dow Theory and the absence of strong signals in the RSI suggest caution.
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