Is Balaji Amines technically bullish or bearish?
As of July 11, 2025, Balaji Amines shows a mildly bearish trend, with daily moving averages and weekly RSI indicating bearish momentum, despite some mildly bullish signals from weekly MACD and Bollinger Bands.
As of 11 July 2025, the technical trend for Balaji Amines has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish outlook and the weekly RSI also showing bearish momentum. Although the weekly MACD and Bollinger Bands are mildly bullish, the overall monthly indicators, including MACD and KST, are bearish. The Dow Theory supports a mildly bullish view on both weekly and monthly time frames, but the prevailing sentiment remains bearish due to the recent price action and the significant decline from the 52-week high.
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