Is Natl. Aluminium technically bullish or bearish?
As of June 24, 2025, the market trend is mildly bearish due to daily moving averages and weekly Dow Theory indicating bearishness, despite some mixed signals from weekly MACD and KST, with overall sentiment influenced by bearish monthly indicators.
As of 24 June 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 outlook and the weekly Dow Theory also suggesting a mildly bearish trend. Although the weekly MACD and KST are mildly bullish, the overall sentiment is tempered by the monthly indicators showing bearish tendencies. The Bollinger Bands are bullish on both weekly and monthly time frames, but this is countered by the bearish signals from the daily moving averages and OBV. Overall, the strength of the bearish stance is moderate, influenced by mixed signals across different time frames.
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