Is Indo Rama Synth. technically bullish or bearish?

Nov 16 2025 08:08 AM IST
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As of November 14, 2025, the trend is mildly bullish due to positive MACD and moving averages, but caution is advised due to bearish signals from Bollinger Bands and Dow Theory.
As of 14 November 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by the weekly and monthly MACD readings being bullish, and the daily moving averages also indicating a mildly bullish trend. However, the weekly Bollinger Bands are bearish, and the weekly Dow Theory shows a mildly bearish signal, which tempers the overall bullish sentiment. The RSI shows no signals in both weekly and monthly time frames, indicating a lack of momentum confirmation. Overall, while there are bullish indicators, the presence of bearish signals in some areas suggests caution.
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