Is Forbes Precision technically bullish or bearish?

Jul 17 2025 08:08 AM IST
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As of July 16, 2025, Forbes Precision's technical trend is neutral with mixed signals, showing a weakly bullish to neutral stance driven by a mildly bullish weekly MACD and bullish Bollinger Bands, despite a mildly bearish daily moving average and Dow Theory.
As of 16 July 2025, the technical trend for Forbes Precision has changed from mildly bearish to sideways. The current stance is neutral, with mixed signals across different indicators. The weekly MACD is mildly bullish, while the daily moving averages indicate a mildly bearish trend. The Bollinger Bands on the weekly chart are bullish, and the KST is also bullish on a weekly basis. However, Dow Theory shows a mildly bearish stance on the weekly timeframe, with no trend on the monthly. Overall, the strength of the current technical stance is weakly bullish to neutral, driven primarily by mixed signals from the MACD, Bollinger Bands, and KST.
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