Is Phoenix Mills technically bullish or bearish?

Sep 06 2025 08:06 AM IST
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As of September 5, 2025, Phoenix Mills shows a mildly bearish trend overall, with mixed signals from MACD and moving averages, while Bollinger Bands and Dow Theory also suggest caution despite a recent price increase.
As of 5 September 2025, the technical trend for Phoenix Mills has changed from bearish to mildly bearish. The current stance is mildly bearish overall, driven by the weekly MACD indicating a mildly bullish signal, while the monthly MACD and KST are both mildly bearish. The moving averages on the daily chart also reflect a mildly bearish outlook. Bollinger Bands on both weekly and monthly time frames support this bearish sentiment. The RSI shows no significant signals in either time frame, and Dow Theory indicates no clear trend. Despite a recent price increase, the overall technical indicators suggest caution.
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