Is Australian Prem technically bullish or bearish?

Nov 08 2025 08:16 AM IST
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As of November 7, 2025, the trend is mildly bullish with daily moving averages supporting this view, but caution is advised due to bearish signals from the weekly MACD and KST, alongside mixed indicators overall.
As of 7 November 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, supported by the daily moving averages indicating a bullish trend. However, the weekly MACD and KST are bearish, which suggests some caution. The Bollinger Bands on the monthly chart are mildly bullish, reinforcing the positive outlook. Despite the recent price movements, the overall technical indicators present a mixed picture, with the weekly OBV showing mild bearishness.
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