Is Danish Power technically bullish or bearish?
As of July 14, 2025, the market trend is mildly bullish due to a positive MACD and Bollinger Bands, despite a conflicting mildly bearish signal from Dow Theory.
As of 14 July 2025, the technical trend has changed from sideways to mildly bullish. The weekly MACD is bullish, and Bollinger Bands are also indicating a bullish stance. However, the Dow Theory shows a mildly bearish signal on the weekly timeframe. The current price of 1023.90 is above the previous close of 1016.75, suggesting positive momentum. Overall, the stance is mildly bullish, driven by the bullish MACD and Bollinger Bands, despite the conflicting Dow Theory signal.
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