Is Avalon Tech 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 supportive indicators like a bullish MACD and moving averages, but mixed signals from Dow Theory and RSI suggest a cautious approach.
As of 7 November 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly chart and mildly bullish signals from Bollinger Bands and moving averages on the daily timeframe. However, the weekly Dow Theory indicates a mildly bearish outlook, which tempers the overall bullish sentiment. The RSI shows no signal on both weekly and monthly charts, suggesting a lack of momentum confirmation. Overall, while there are bullish indicators present, the mixed signals indicate a cautious approach.
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