Is Primo Chemicals technically bullish or bearish?
As of September 26, 2025, Primo Chemicals has shifted to a bearish trend, supported by strong bearish indicators across MACD, Bollinger Bands, and moving averages, 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 strong indicators supporting this view. Both the weekly and monthly MACD are bearish, and Bollinger Bands also indicate a bearish trend. Daily moving averages confirm the bearish sentiment. The KST is bearish on both weekly and monthly time frames. While the Dow Theory shows a mildly bearish weekly outlook and a mildly bullish monthly perspective, the overall technical indicators lean heavily towards bearish. The stock has significantly underperformed compared to the Sensex across multiple time frames, further reinforcing the bearish outlook.
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