Is J B Chemicals & technically bullish or bearish?

Jun 24 2025 08:09 AM IST
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As of June 23, 2025, the trend is mildly bullish, supported by a bullish MACD and Bollinger Bands, but caution is advised due to mixed signals from the monthly MACD and daily moving averages.
As of 23 June 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly chart and bullish Bollinger Bands across both weekly and monthly time frames. The Dow Theory also indicates a mildly bullish outlook on both weekly and monthly charts. However, the monthly MACD is mildly bearish, and daily moving averages are mildly bearish, which suggests some caution. Overall, the strength of the bullish trend is moderated by mixed signals in the moving averages and MACD.
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