Is Asian Energy technically bullish or bearish?

Aug 27 2025 08:12 AM IST
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As of August 26, 2025, the technical trend has shifted to bullish, supported by strong weekly indicators like the MACD and Bollinger Bands, despite some mildly bearish signals on the monthly charts.
As of 26 August 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 Bollinger Bands are also indicating bullish momentum on both weekly and monthly time frames. Daily moving averages are bullish, reinforcing the positive trend. While the monthly MACD and KST are mildly bearish, the overall weekly indicators, including Dow Theory, remain mildly bullish. The recent price action shows a significant increase from the previous close, further supporting the bullish outlook.
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