Is KRN Heat Exchan technically bullish or bearish?

Jun 28 2025 08:05 AM IST
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As of June 27, 2025, the trend is mildly bullish, supported by Dow Theory and Bollinger Bands, although caution is advised due to a mildly bearish MACD.
As of 27 June 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, supported by the Dow Theory indicating a mildly bullish outlook on the weekly timeframe. The Bollinger Bands are also signaling bullishness on the weekly chart. However, the MACD remains mildly bearish on the weekly timeframe, which suggests some caution. The On-Balance Volume (OBV) is mildly bullish on both weekly and monthly timeframes, reinforcing the positive sentiment. Overall, while there are mixed signals, the prevailing trend is mildly bullish.
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