Is Primo Chemicals technically bullish or bearish?
As of September 26, 2025, Primo Chemicals is in a bearish trend, supported by multiple indicators like the MACD and Bollinger Bands, despite a mildly bearish weekly outlook from Dow Theory.
As of 26 September 2025, the technical trend for Primo Chemicals has changed from mildly bearish to bearish. The current stance is bearish, with a strong indication from multiple indicators. The MACD is bearish on both the weekly and monthly time frames, and Bollinger Bands also reflect a bearish condition in both time frames. Daily moving averages confirm a bearish trend. The KST is bearish on both weekly and monthly charts. While Dow Theory shows a mildly bearish weekly outlook and a mildly bullish monthly perspective, the overall technical indicators strongly support a bearish sentiment. The stock has underperformed significantly compared to the Sensex over various periods, further reinforcing the bearish outlook.
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