Is Precot technically bullish or bearish?

Jun 15 2025 08:02 AM IST
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As of June 13, 2025, Precot's technical trend is mildly bullish, supported by strong weekly indicators like the bullish MACD and Bollinger Bands, despite mixed monthly signals and mildly bearish daily moving averages indicating short-term weakness.
As of 13 June 2025, the technical trend for Precot has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive momentum, while the monthly MACD is mildly bearish, indicating some caution. Bollinger Bands are bullish on both weekly and monthly time frames, reinforcing the upward trend. The Dow Theory also shows a mildly bullish stance on both weekly and monthly levels. However, daily moving averages are mildly bearish, suggesting short-term weakness. Overall, the current technical stance is mildly bullish, driven by strong weekly indicators and mixed monthly signals.
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