Is Prem. Explosives technically bullish or bearish?

Jul 02 2025 08:12 AM IST
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As of July 1, 2025, Prem. Explosives shows a mildly bullish trend due to daily moving averages and weekly MACD signals, but the bearish weekly RSI and mixed monthly indicators suggest caution due to short-term weakness.
As of 1 July 2025, the technical trend for Prem. Explosives has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating bullish momentum and the weekly MACD also showing bullish signals. However, the weekly RSI is bearish, suggesting some short-term weakness. The Bollinger Bands are indicating a mildly bullish trend on the weekly chart, while the monthly MACD and KST are mildly bearish, indicating potential headwinds. Overall, the mixed signals suggest a cautious bullish outlook with some underlying weakness in the short term.
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