Is Greenlam Industr technically bullish or bearish?
As of 29 October 2025, the technical trend is mildly bullish, supported by the weekly MACD and Bollinger Bands, despite mixed signals from the monthly indicators and daily moving averages.
As of 29 October 2025, the technical trend has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the mildly bullish stance, while the monthly MACD is mildly bearish, indicating some caution. The Bollinger Bands are bullish on both weekly and monthly time frames, reinforcing the upward momentum. The weekly KST is bullish, but the monthly KST is bearish, suggesting mixed signals. The daily moving averages are mildly bearish, which adds a layer of complexity to the overall outlook. The Dow Theory indicates a mildly bullish trend on the weekly basis, but no trend on the monthly. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD, Bollinger Bands, and OBV being bullish.
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