Is Primo Chemicals technically bullish or bearish?

Jun 25 2025 09:26 AM IST
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As of June 24, 2025, Primo Chemicals is in a mildly bearish trend, influenced by monthly bearish signals from MACD and moving averages, despite some mild bullishness on the weekly indicators.
As of 24 June 2025, the technical trend for Primo Chemicals has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the monthly MACD and moving averages indicating bearish signals. The weekly MACD and KST show mild bullishness, but the overall trend remains constrained by the monthly indicators. The Bollinger Bands are sideways on the weekly chart, suggesting a lack of strong momentum. The Dow Theory indicates no trend on the weekly and mildly bearish on the monthly, further supporting the bearish outlook.
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