Is KRN Heat Exchan technically bullish or bearish?
As of August 22, 2025, the market trend is bullish with strong momentum, supported by positive price action and indicators like the weekly MACD and moving averages, although caution is advised due to a bearish weekly RSI.
As of 22 August 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with a strong momentum indicated by the weekly MACD and Bollinger Bands both showing bullish signals. Daily moving averages also confirm a bullish trend. However, the weekly RSI is bearish, which suggests some caution. Dow Theory indicates a mildly bullish stance on both weekly and monthly time frames. Overall, the strength of the bullish trend is supported by positive price action, with the current price at 954.75, up from a previous close of 872.00.
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