What is the technical trend for Wockhardt?
As of June 3, 2025, Wockhardt's technical trend is bullish, supported by daily moving averages and positive Bollinger Bands and OBV, despite mixed signals from Dow Theory and a mildly bearish weekly MACD.
As of 3 June 2025, the technical trend for Wockhardt has changed from mildly bullish to bullish. The daily moving averages indicate a bullish stance, while the weekly MACD is mildly bearish, contrasting with the monthly MACD which is bullish. The Bollinger Bands are bullish on both weekly and monthly time frames, supporting the overall bullish sentiment. The On-Balance Volume (OBV) is also bullish across both time frames. However, the Dow Theory shows a mixed picture with weekly mildly bullish and monthly mildly bearish signals. Overall, the current technical stance is bullish with moderate strength, driven primarily by the daily moving averages and the positive performance in Bollinger Bands and OBV.
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