Is Avalon Tech technically bullish or bearish?

Nov 10 2025 08:13 AM IST
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As of November 7, 2025, Avalon Tech's technical trend is mildly bullish, supported by the MACD and moving averages, despite some bearish signals from Dow Theory and a lack of momentum confirmation from the RSI.
As of 7 November 2025, the technical trend for Avalon Tech has changed from bullish to mildly bullish. The weekly MACD indicates a bullish stance, while the daily moving averages also reflect a mildly bullish position. The Bollinger Bands on both the weekly and monthly time frames are mildly bullish. However, the Dow Theory shows a mildly bearish signal on the weekly chart, which tempers the overall bullish sentiment. The RSI currently shows no signal on both weekly and monthly time frames, indicating a lack of momentum confirmation. Overall, the current technical stance is mildly bullish, supported primarily by the MACD and moving averages, despite some bearish signals from Dow Theory.
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