Is Balmer Lawrie technically bullish or bearish?
As of September 26, 2025, Balmer Lawrie's technical trend has shifted to a bearish stance, supported by mildly bearish indicators across weekly and monthly time frames, despite some bullish signals in daily moving averages and OBV.
As of 26 September 2025, the technical trend for Balmer Lawrie has changed from mildly bullish to sideways. The current stance is bearish, with key indicators supporting this view. The MACD is mildly bearish on both the weekly and monthly time frames, and Bollinger Bands indicate a bearish trend on both weekly and monthly charts. The KST is also mildly bearish weekly, while the Dow Theory shows a mildly bearish stance on the weekly chart. Although the daily moving averages are mildly bullish and the OBV is bullish on both weekly and monthly time frames, the overall sentiment remains bearish due to the prevailing trends in the longer time frames.
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