Is Australian Prem technically bullish or bearish?

Jul 02 2025 08:17 AM IST
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As of July 1, 2025, the trend is mildly bullish, supported by a bullish MACD and moving averages, though mixed signals from Bollinger Bands and Dow Theory suggest a cautious outlook.
As of 1 July 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on the weekly timeframe and bullish moving averages on the daily timeframe. The Bollinger Bands indicate a mildly bullish sentiment on the weekly chart, while Dow Theory shows a mildly bearish signal on the weekly but mildly bullish on the monthly. The RSI shows no signal in both weekly and monthly timeframes, and the KST is bullish on the weekly. Overall, the indicators suggest a cautious bullish outlook with some mixed signals.
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