Is KN Agri Resource technically bullish or bearish?
As of August 21, 2025, the market trend is mildly bearish, supported by daily moving averages and Dow Theory, despite mixed signals from the MACD and Bollinger Bands, while the RSI indicates a lack of momentum.
As of 21 August 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend and the Dow Theory confirming a bearish outlook on both weekly and monthly time frames. While the weekly MACD shows bullish momentum, the monthly MACD is mildly bearish, suggesting mixed signals. The Bollinger Bands are bullish on the weekly and mildly bullish on the monthly, but this is overshadowed by the overall bearish indicators. The RSI shows no signal, indicating a lack of momentum in either direction.
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