Is Plastiblends (I) technically bullish or bearish?

Sep 21 2025 08:05 AM IST
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As of September 19, 2025, the market trend is mildly bearish, with mixed signals from key indicators like MACD, RSI, and Bollinger Bands, suggesting a cautious approach.
As of 19 September 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD on a weekly basis is mildly bullish, but the monthly MACD remains bearish, indicating mixed signals. The RSI shows no signal on both weekly and monthly time frames, suggesting a lack of momentum. Bollinger Bands are bearish on the weekly and mildly bearish on the monthly, reinforcing the negative outlook. Moving averages on a daily basis are mildly bearish, while the KST is bearish across both weekly and monthly time frames. Dow Theory indicates a mildly bullish stance on the weekly but is mildly bearish on the monthly, and the OBV is mildly bullish weekly but mildly bearish monthly. Overall, the mixed signals across different indicators suggest a cautious approach.
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