Is Danish Power technically bullish or bearish?
As of October 9, 2025, the technical trend for Danish Power has shifted to a bearish stance, supported by bearish indicators from the MACD, moving averages, Bollinger Bands, KST, and OBV, despite a bullish RSI on the weekly timeframe.
As of 9 October 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD is bearish, and the daily moving averages also indicate a bearish trend. The Bollinger Bands on a weekly basis confirm bearish sentiment as well. The RSI on the weekly timeframe is bullish, but this is outweighed by the overall bearish indicators. The KST and OBV are both bearish on a weekly basis, with OBV showing mildly bearish sentiment. Overall, the combination of these indicators suggests a bearish outlook for Danish Power.
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