Is PNB Housing technically bullish or bearish?

Aug 20 2025 08:09 AM IST
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As of August 19, 2025, the market trend is neutral with mixed indicators, showing a sideways movement influenced by bearish weekly and monthly MACD, while daily moving averages suggest mild bullishness.
As of 19 August 2025, the technical trend has changed from mildly bearish to sideways. The current stance is neutral, with mixed indicators influencing the outlook. The weekly MACD remains bearish, while the monthly MACD is mildly bearish. The Bollinger Bands indicate a bearish trend on the monthly and mildly bearish on the weekly. Moving averages on the daily show a mildly bullish signal, contrasting with the weekly and monthly KST and Dow Theory, both of which are mildly bearish. The On-Balance Volume (OBV) shows a bullish stance on the monthly but is mildly bullish on the weekly. Overall, the mixed signals suggest a sideways movement with no strong bullish or bearish momentum at this time.
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