Is Acutaas Chemical technically bullish or bearish?

Aug 01 2025 08:01 AM IST
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As of July 31, 2025, the trend has shifted to bullish, supported by strong indicators like the weekly MACD and Bollinger Bands, although the weekly RSI indicates some short-term weakness.
As of 31 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish, with strong indicators supporting this view. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are bullish, indicating upward momentum. Daily moving averages are also bullish, reinforcing the positive trend. However, the weekly RSI is bearish, which suggests some short-term weakness. Despite this, the overall strength of the bullish indicators, particularly in the weekly and monthly Dow Theory, suggests a strong bullish outlook.
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