Is Parin Enterpris. technically bullish or bearish?

Oct 20 2025 08:07 AM IST
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As of October 17, 2025, the technical trend is bullish with strong indicators like a bullish MACD and OBV, although the RSI shows some bearish signals, suggesting a tempered but prevailing bullish sentiment.
As of 17 October 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish, with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and the daily moving averages also indicate a bullish trend. The On-Balance Volume (OBV) is bullish on both weekly and monthly charts, reinforcing the positive momentum. However, the RSI shows bearish signals on both weekly and monthly time frames, suggesting some weakness in momentum. The Bollinger Bands and Dow Theory indicate a mildly bullish stance on the weekly and a bullish stance on the monthly. Overall, the strength of the bullish trend is tempered by the bearish RSI, but the prevailing sentiment remains bullish.
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