Is 20 Microns technically bullish or bearish?

Jun 22 2025 08:04 AM IST
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As of June 20, 2025, the market trend is neutral with mixed indicators, showing a sideways movement influenced by bullish weekly MACD and mildly bearish monthly MACD, while daily moving averages are also mildly bearish.
As of 20 June 2025, the technical trend has changed from mildly bullish to sideways. The current stance is neutral, with mixed indicators influencing the outlook. The weekly MACD is 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 time frames, suggesting some upward potential. However, the daily moving averages are mildly bearish, which could be a concern for short-term traders. The KST is bullish on the weekly but mildly bearish on the monthly, further contributing to the mixed signals. Overall, the lack of strong directional indicators and the sideways trend suggest a neutral stance with no clear strength in either direction.
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