What is the technical trend for Vivo Bio Tech?

Jun 09 2025 05:50 PM IST
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As of May 12, 2025, the trend is mildly bearish due to daily moving averages and monthly bearish indicators, despite some mildly bullish signals on the weekly charts, with the stock underperforming against the Sensex over the past few years.
As of 12 May 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a mildly bearish trend, while the monthly MACD and RSI are both bearish. The weekly MACD and KST show mildly bullish signals, but the overall sentiment remains cautious due to the bearish indicators on the monthly Bollinger Bands and the lack of a clear trend in Dow Theory. The stock has underperformed against the Sensex over the past year and three years, further supporting the bearish outlook.
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