Is Premier Energies technically bullish or bearish?

Oct 19 2025 08:07 AM IST
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As of 17 October 2025, the trend is mildly bullish due to positive signals from the MACD, Bollinger Bands, and moving averages, but caution is advised due to bearish indicators from the weekly KST and Dow Theory.
As of 17 October 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly timeframe and bullish signals from the Bollinger Bands and daily moving averages. However, the weekly KST remains bearish and Dow Theory indicates a mildly bearish stance, suggesting some caution. The OBV shows mild bullishness, which adds to the positive outlook. Overall, while there are bullish indicators, the presence of bearish signals in other areas indicates a mixed strength in the bullish trend.
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