Is Balmer Lawrie technically bullish or bearish?

Jul 09 2025 08:05 AM IST
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As of July 8, 2025, the trend has shifted to mildly bullish due to positive weekly indicators, but caution is advised due to mixed signals from longer-term metrics.
As of 8 July 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, driven by the weekly MACD and KST both showing bullish signals, alongside daily moving averages indicating bullish momentum. However, the monthly MACD and Bollinger Bands remain mildly bearish, suggesting some caution. The RSI shows no signal in both weekly and monthly time frames, indicating a lack of strong momentum. Overall, while there are positive indicators, the mixed signals from longer-term metrics suggest a cautious approach.
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