Is Indo Amines technically bullish or bearish?
As of 16 September 2025, the technical trend for Indo Amines is mildly bearish, indicated by MACD, KST, and Bollinger Bands, despite conflicting signals from moving averages.
As of 16 September 2025, the technical trend for Indo Amines has changed from sideways to mildly bearish. The weekly and monthly MACD readings indicate a mildly bearish stance, supported by the Bollinger Bands which are also showing mildly bearish to bearish signals. The KST aligns with this view, being mildly bearish on both weekly and monthly time frames. The moving averages present a conflicting signal with a mildly bullish indication on the daily chart, but this is overshadowed by the overall bearish sentiment in the longer time frames. The Dow Theory shows no clear trend, and the OBV is mildly bearish on the weekly chart. Overall, the current technical stance is mildly bearish, driven primarily by the MACD, KST, and Bollinger Bands.
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