Is Avalon Tech technically bullish or bearish?

Aug 31 2025 08:06 AM IST
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As of August 29, 2025, the technical trend is mildly bullish, supported by daily moving averages, but caution is advised due to mixed signals from weekly MACD, KST, and Bollinger Bands.
As of 29 August 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating a positive trend. However, the weekly MACD and KST are both mildly bearish, suggesting some caution. The Bollinger Bands on a weekly basis are bearish, while the monthly view shows a mildly bullish sentiment. The Dow Theory aligns with this mixed outlook, being mildly bearish on the weekly and mildly bullish on the monthly. Overall, the indicators reflect a cautious bullish sentiment with potential weaknesses in the short term.
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