Is Petronet LNG technically bullish or bearish?

Jul 17 2025 08:05 AM IST
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As of July 16, 2025, Petronet LNG's trend is mildly bearish, influenced by daily moving averages and mixed signals from weekly and monthly indicators, suggesting a cautious outlook.
As of 16 July 2025, the technical trend for Petronet LNG 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 weekly MACD and KST are mildly bullish, the monthly indicators show a bearish bias. The RSI signals are neutral, and the Bollinger Bands reflect a bullish stance on the weekly chart but sideways on the monthly. Overall, the mixed signals suggest a cautious outlook, with the bearish indicators currently holding more weight.
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