Is Prec. Wires (I) technically bullish or bearish?

Jul 16 2025 08:07 AM IST
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As of July 15, 2025, the market trend is bullish, supported by positive indicators like the weekly MACD and moving averages, despite some short-term weakness indicated by the RSI and mildly bearish monthly MACD and KST.
As of 15 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish, driven by several key indicators. The weekly MACD is bullish, supported by bullish signals from the Bollinger Bands and On-Balance Volume (OBV). However, the weekly RSI is bearish, indicating some short-term weakness. Moving averages on the daily time frame are also bullish, reinforcing the overall positive outlook. The Dow Theory shows a mildly bullish stance on both weekly and monthly time frames, suggesting a general upward trend. Despite the monthly MACD and KST being mildly bearish, the overall strength of the bullish indicators prevails.
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