Is J B Chemicals & technically bullish or bearish?

Jun 21 2025 08:04 AM IST
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As of June 20, 2025, the market trend is neutral with mixed signals; while the weekly MACD and Bollinger Bands suggest potential upward movement, the daily moving averages are mildly bearish, indicating overall uncertainty.
As of 20 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. The Bollinger Bands show bullish signals on both weekly and monthly time frames, suggesting potential upward movement. However, the daily moving averages are mildly bearish, which could limit short-term gains. The KST and Dow Theory are both mildly bullish on the weekly and monthly charts, supporting a cautious outlook. Overall, the strength of the current stance is weak, reflecting uncertainty in the market.
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