Is KRN Heat Exchan technically bullish or bearish?
As of June 27, 2025, the trend is mildly bullish, supported by Dow Theory and Bollinger Bands, despite a mildly bearish MACD and neutral RSI, with On-Balance Volume reinforcing the positive sentiment.
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 introduces some caution. The On-Balance Volume (OBV) is showing a mildly bullish trend on both weekly and monthly charts, reinforcing the overall positive sentiment. The RSI shows no signal, indicating a neutral position in that regard. Overall, while there are mixed signals, the prevailing trend is mildly bullish.
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