Is Indo Rama Synth. technically bullish or bearish?
As of July 17, 2025, the technical trend has shifted to bullish, supported by strong indicators like a bullish weekly MACD and positive Bollinger Bands, despite a bearish monthly KST.
As of 17 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and Bollinger Bands are also indicating bullish momentum on both weekly and monthly time frames. Daily moving averages confirm the bullish trend. However, the monthly KST is bearish, and Dow Theory shows a mildly bullish stance on the weekly but no trend on the monthly. Overall, the strength of the bullish trend is reinforced by recent price action, with the stock trading above previous close and near today's high.
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