Is Chemcon Special. technically bullish or bearish?
As of August 19, 2025, Chemcon Special's technical trend has shifted to mildly bullish, supported by positive weekly indicators, though caution is advised due to mixed monthly signals and a bearish weekly RSI.
As of 19 August 2025, the technical trend for Chemcon Special 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 the moving averages and OBV. However, the monthly MACD and KST remain mildly bearish, indicating some caution. The weekly RSI is bearish, which contrasts with the overall bullish sentiment. Dow Theory shows a mildly bullish trend on the monthly timeframe, adding to the positive outlook. Despite recent performance lagging behind the Sensex over the past year and three years, the current technical indicators suggest a cautious optimism in the short term.
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