Is Prem. Explosives technically bullish or bearish?
As of July 3, 2025, the trend is mildly bullish due to positive daily moving averages and weekly bullish MACD, but is tempered by a bearish weekly RSI and mixed monthly indicators.
As of 3 July 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the daily moving averages indicating bullish momentum and the weekly MACD also showing bullish signals. However, the weekly RSI is bearish, which suggests some weakness in the short term. The Bollinger Bands are mildly bullish on the weekly timeframe, supporting the overall positive outlook. The KST and OBV on the weekly are bullish, while the monthly indicators show a mixed picture with the MACD and KST being mildly bearish. Overall, the strength of the bullish stance is tempered by the bearish RSI and mixed monthly signals.
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