Is Avalon Tech technically bullish or bearish?

Aug 28 2025 08:11 AM IST
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As of August 26, 2025, the technical trend is mildly bullish with daily moving averages and monthly Bollinger Bands supporting this view, but caution is advised due to mildly bearish signals from the weekly MACD and KST, along with a lack of momentum indicated by the RSI.
As of 26 August 2025, the technical trend has changed from bullish to mildly bullish. The current technical stance is mildly bullish, driven by daily moving averages indicating mild bullishness and monthly Bollinger Bands showing mild bullishness as well. However, the weekly MACD and KST are mildly bearish, and the Dow Theory also reflects a mildly bearish stance on the weekly timeframe. The RSI shows no signal on both weekly and monthly timeframes, indicating a lack of momentum. Overall, while there are some bullish indicators, the presence of bearish signals in the weekly data suggests caution.
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