Is Indo Amines technically bullish or bearish?

Jun 24 2025 08:10 AM IST
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As of June 23, 2025, Indo Amines shows a mildly bearish trend due to daily moving averages and weekly Dow Theory indicating bearish sentiment, despite a mildly bullish weekly MACD, while mixed signals across indicators suggest caution in the market.
As of 23 June 2025, the technical trend has changed from mildly bullish to mildly bearish. The current technical stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment and the weekly Dow Theory also reflecting a mildly bearish outlook. While the weekly MACD shows a mildly bullish signal, the monthly MACD and KST are both mildly bearish, suggesting weakening momentum. The RSI is neutral across both time frames, and Bollinger Bands indicate a sideways movement on the monthly chart. Overall, the mixed signals across different indicators suggest caution in the current market environment for Indo Amines.
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