Is Amines & Plast. technically bullish or bearish?

Jul 20 2025 08:04 AM IST
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As of July 18, 2025, the trend has shifted to mildly bearish due to bearish daily moving averages and a declining price from 250.60 to 241.00, despite some mixed signals from weekly indicators.
As of 18 July 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and the monthly MACD showing a mildly bearish signal. Although the weekly MACD and KST are mildly bullish, the overall indicators suggest weakness, particularly with the recent price decline from 250.60 to 241.00. The lack of strong signals from the RSI and the mixed performance in Bollinger Bands further support a cautious outlook.
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