Is Caplin Point Lab technically bullish or bearish?
As of 29 August 2025, the market trend is neutral with mixed signals, as the weekly MACD is bullish while the monthly MACD is mildly bearish, and despite some bullish indicators like the OBV, the overall stance remains sideways with no strong directional bias.
As of 29 August 2025, the technical trend has changed from mildly bullish to sideways. The current stance is neutral, with mixed signals across various indicators. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating a divergence in momentum. The Bollinger Bands show a mildly bullish signal on the weekly chart and bullish on the monthly, suggesting potential upward movement. However, the daily moving averages are mildly bearish, and both the KST and Dow Theory indicate a mildly bearish stance on the monthly timeframe. The OBV remains bullish on both weekly and monthly charts, reflecting positive volume trends. Overall, the mixed indicators suggest a neutral stance with no strong directional bias at this time.
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