Is Neogen Chemicals technically bullish or bearish?

Jul 01 2025 08:14 AM IST
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As of June 30, 2025, Neogen Chemicals shows a mildly bullish technical trend, supported by the weekly MACD and KST, despite mixed signals from the monthly indicators and some short-term weakness in daily moving averages.
As of 30 June 2025, the technical trend for Neogen Chemicals has changed from sideways to mildly bullish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD is mildly bearish, suggesting mixed signals across time frames. The weekly Bollinger Bands are bullish, supporting the upward trend, although the daily moving averages are mildly bearish, indicating some short-term weakness. The KST shows a mildly bullish trend on the weekly and bullish on the monthly, reinforcing the overall positive outlook. Dow Theory indicates a mildly bullish stance on the monthly, while the OBV is bullish on the monthly, suggesting accumulation. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and KST, alongside the bullish Bollinger Bands.
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