Is Australian Prem technically bullish or bearish?

Nov 10 2025 08:12 AM IST
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As of November 7, 2025, the trend is mildly bullish, supported by daily moving averages and monthly Bollinger Bands, but caution is advised due to bearish signals from the weekly MACD, KST, and OBV.
As of 7 November 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, driven 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 a monthly basis are mildly bullish, supporting the overall positive outlook. The Dow Theory indicates a mildly bullish trend on the weekly timeframe, while the OBV shows mild bearishness on both weekly and monthly timeframes. Overall, the mixed signals suggest a cautiously optimistic view, with strength primarily from daily moving averages and monthly Bollinger Bands.
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