Is Avantel technically bullish or bearish?
As of June 30, 2025, Avantel's technical trend is mildly bullish, supported by positive weekly MACD and Bollinger Bands, although caution is warranted due to mixed signals from daily moving averages and monthly indicators.
As of 30 June 2025, the technical trend for Avantel has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive momentum, while the monthly MACD is mildly bearish, indicating some caution. Bollinger Bands are bullish on both weekly and monthly time frames, suggesting price strength. However, daily moving averages are mildly bearish, which could temper short-term optimism. The KST is bullish weekly but mildly bearish monthly, and the Dow Theory shows a mildly bullish stance on the monthly chart. Overall, the current technical stance is mildly bullish, driven primarily by the bullish signals from the MACD and Bollinger Bands, despite some mixed signals from moving averages and KST.
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