Is Alembic technically bullish or bearish?

Jun 24 2025 08:10 AM IST
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As of June 23, 2025, the market trend is mildly bearish, supported by daily moving averages and weekly Dow Theory, despite mixed signals from the MACD and Bollinger Bands indicating some indecision.
As of 23 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the weekly Dow Theory also suggesting a mildly bearish outlook. The MACD shows a mixed signal with a mildly bullish stance on the weekly but mildly bearish on the monthly. The Bollinger Bands are mildly bullish on the weekly but sideways on the monthly, indicating some indecision. Overall, the combination of these indicators suggests a bearish sentiment in the short term, despite some mixed signals from longer time frames.
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