Is Euro Panel technically bullish or bearish?

Sep 21 2025 08:07 AM IST
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As of September 19, 2025, the technical trend for Euro Panel has shifted to mildly bearish, with a current price of 223.80, a decline of 2.14% over the past week, and closer proximity to the 52-week low of 201.00, indicating a lack of upward momentum.
As of 19 September 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by the recent trend change and the Dow Theory indicating a bearish outlook on the weekly and monthly time frames. The stock has also shown a decline of 2.14% over the past week, while the previous close was higher at 229.00. The price is currently at 223.80, which is closer to the 52-week low of 201.00 than the high of 254.20, reinforcing the bearish sentiment. Overall, the indicators suggest a lack of upward momentum and a cautious outlook for Euro Panel in the near term.
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