Is Prem. Explosives technically bullish or bearish?
As of November 6, 2025, Prem. Explosives shows a mildly bullish trend supported by positive MACD and Bollinger Bands, though mixed signals from the KST and Dow Theory suggest caution due to recent price declines.
As of 6 November 2025, the technical trend for Prem. Explosives has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on both weekly and monthly time frames, and mildly bullish Bollinger Bands on the same time frames. The daily moving averages also indicate a mildly bullish trend. However, the KST shows a mixed signal with a bullish weekly reading and a mildly bearish monthly reading. The Dow Theory indicates no clear trend in both weekly and monthly perspectives. Overall, while the indicators suggest a positive bias, the strength is tempered by mixed signals and recent price declines.
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