Is Greenply Industr technically bullish or bearish?

Jul 21 2025 08:03 AM IST
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As of July 18, 2025, Greenply Industries shows a bullish trend with strong indicators like a bullish MACD and Bollinger Bands, despite some mild bearish signals, suggesting a generally positive outlook.
As of 18 July 2025, the technical trend for Greenply Industr has changed from sideways to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly timeframe, bullish Bollinger Bands on both weekly and monthly timeframes, and a bullish daily moving average. Additionally, the On-Balance Volume (OBV) is bullish on both weekly and monthly scales. However, the monthly MACD and KST are mildly bearish, and Dow Theory indicates a mildly bearish stance on the weekly timeframe, suggesting some caution. Overall, the bullish signals outweigh the bearish ones, indicating a positive outlook.
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