Is C P C L technically bullish or bearish?
As of October 20, 2025, the market trend has shifted to bullish, supported by strong indicators like the weekly MACD and moving averages, despite some caution from the monthly MACD and KST.
As of 20 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are bullish, indicating positive momentum. Daily moving averages are also bullish, reinforcing the upward trend. However, the monthly MACD and KST are mildly bearish, suggesting some caution may be warranted in the longer term. Overall, the strength of the bullish stance is supported by the recent price action, with today's high reaching 780.00, above the previous close of 720.45.
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