Is Avalon Tech technically bullish or bearish?

Jul 10 2025 08:07 AM IST
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As of July 9, 2025, the trend has shifted to bullish, supported by daily moving averages and Bollinger Bands, though caution is advised due to a mildly bearish weekly MACD and Dow Theory indicators.
As of 9 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish, driven by daily moving averages indicating bullish momentum and Bollinger Bands showing bullish signals on both weekly and monthly time frames. However, the weekly MACD remains mildly bearish, and the Dow Theory indicates a mildly bearish stance on the weekly chart, suggesting some caution. The overall strength of the bullish trend is supported by the KST and OBV indicators, which are both bullish on a weekly basis.
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