Is Parin Enterpris. technically bullish or bearish?

Oct 16 2025 08:07 AM IST
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As of October 15, 2025, Parin Enterprises shows a mildly bullish trend, supported by bullish MACD and moving averages, despite bearish RSI readings indicating some momentum weakness.
As of 15 October 2025, the technical trend for Parin Enterprises has changed from bullish to mildly bullish. The weekly MACD remains bullish, supporting a positive outlook, while the monthly MACD also indicates bullishness. However, the RSI readings for both weekly and monthly are bearish, suggesting some weakness in momentum. The Bollinger Bands show a mildly bullish stance on both time frames, indicating potential upward movement. Daily moving averages are bullish, reinforcing the positive short-term trend. KST is bullish weekly but mildly bearish monthly, adding mixed signals. Dow Theory supports a bullish view on both weekly and monthly charts. Overall, the current technical stance is mildly bullish, driven primarily by the bullish MACD and moving averages, despite the bearish RSI readings.
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