Is Orient Paper technically bullish or bearish?

Aug 11 2025 08:04 AM IST
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As of August 8, 2025, Orient Paper's technical trend has shifted to bearish, indicated by bearish daily moving averages, a bearish monthly MACD, and a mildly bullish weekly MACD, suggesting overall bearish market sentiment.
As of 8 August 2025, the technical trend for Orient Paper has changed from mildly bearish to bearish. The current stance is bearish, with a moderate strength indicated by the daily moving averages being bearish and the weekly RSI also showing bearish momentum. The MACD on a monthly basis is bearish, while the weekly MACD is mildly bullish, suggesting some short-term divergence. The Bollinger Bands reflect a similar pattern with a bearish monthly outlook. Overall, the combination of these indicators points to a bearish sentiment in the market for Orient Paper.
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