Is Premier Polyfilm technically bullish or bearish?

Jul 23 2025 08:08 AM IST
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As of July 22, 2025, Premier Polyfilm's trend has shifted to bearish, driven by negative indicators like a bearish MACD and moving averages, despite a bullish signal from the monthly Bollinger Bands.
As of 22 July 2025, the technical trend for Premier Polyfilm has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this assessment include a bearish MACD on the weekly chart, bearish moving averages on the daily timeframe, and a bearish KST on the weekly. Although the monthly Bollinger Bands show a bullish signal, the overall trend remains negative due to the prevailing bearish indicators in the weekly timeframe. The Dow Theory also supports a mildly bearish outlook on both weekly and monthly charts.
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