Is Balu Forge technically bullish or bearish?
As of July 17, 2025, Balu Forge's trend is mildly bullish on the weekly timeframe, supported by positive indicators, but caution is advised due to mixed signals from monthly analyses.
As of 17 July 2025, the technical trend for Balu Forge has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly timeframe and bullish signals from Bollinger Bands and moving averages on the daily timeframe. However, the monthly MACD and KST remain mildly bearish, indicating some caution. The Dow Theory shows a mildly bearish trend on the weekly, while the OBV is also mildly bearish, suggesting mixed signals. Overall, the strength of the bullish stance is tempered by the bearish indicators in the monthly analysis.
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