Is Indo Amines technically bullish or bearish?

Jun 25 2025 09:27 AM IST
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As of June 24, 2025, the market trend is neutral with mixed signals; while weekly indicators like the MACD and Bollinger Bands suggest potential upward movement, daily moving averages and monthly indicators indicate caution, resulting in a weak overall trend with no clear direction.
As of 24 June 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across different indicators. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish, indicating a divergence in momentum. Bollinger Bands are bullish on both weekly and monthly time frames, suggesting potential upward movement. However, daily moving averages remain mildly bearish, which adds caution. The KST shows a bullish signal weekly but is bearish monthly, and Dow Theory indicates a mildly bearish stance weekly but bullish monthly. Overall, the strength of the current trend is weak, with no clear direction established.
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