Is KRN Heat Exchan technically bullish or bearish?

Aug 16 2025 08:07 AM IST
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As of 14 August 2025, the trend is mildly bullish due to positive indicators like a bullish MACD and moving averages, but recent price declines and sideways Bollinger Bands suggest tempered strength.
As of 14 August 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on the weekly timeframe, bullish moving averages on the daily timeframe, and a mildly bullish KST and OBV on the weekly. The RSI shows no signal, indicating a lack of momentum confirmation. Overall, while the indicators suggest a positive outlook, the strength is tempered by the recent price decline and sideways movement in Bollinger Bands.
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