Is Balmer Lawrie technically bullish or bearish?

Sep 28 2025 08:06 AM IST
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As of September 26, 2025, Balmer Lawrie's technical trend is neutral with mixed signals, showing mild bearishness on MACD and Bollinger Bands, while moving averages are mildly bullish daily, and OBV indicates underlying strength, reflecting a lack of clear direction overall.
As of 26 September 2025, the technical trend for Balmer Lawrie has changed from mildly bullish to sideways. The current stance is neutral, with mixed signals across different indicators. The MACD is mildly bearish on both weekly and monthly time frames, while Bollinger Bands also indicate a bearish trend on both time frames. Moving averages show a mildly bullish signal on the daily chart, but the KST and Dow Theory are both mildly bearish on the weekly. The OBV remains bullish on both weekly and monthly charts, suggesting some underlying strength. Overall, the technical indicators reflect a lack of clear direction, with bearish tendencies dominating the longer time frames.
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