Is Oriental Aromat. technically bullish or bearish?
As of July 24, 2025, the market trend is mildly bearish, indicated by daily moving averages and mixed signals from MACD and KST, while Bollinger Bands suggest a mildly bullish outlook on the weekly timeframe but remain bullish monthly, reflecting a lack of strong bullish momentum.
As of 24 July 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment, while the MACD shows a mixed picture with weekly bullishness but monthly bearishness. The KST aligns with this by being bullish weekly but bearish monthly. The Bollinger Bands suggest a mildly bullish outlook on the weekly timeframe but remain bullish on the monthly. Overall, the indicators reflect a lack of strong bullish momentum, with the Dow Theory showing no trend on the weekly and mildly bullish on the monthly. The stock's recent performance has also been underwhelming compared to the Sensex, particularly over the longer time frames.
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