Is Punjab Chemicals technically bullish or bearish?

Jul 09 2025 08:05 AM IST
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As of July 8, 2025, Punjab Chemicals has a bullish technical trend supported by daily moving averages and a bullish weekly MACD, though caution is advised due to mixed signals from the monthly MACD and other indicators.
As of 8 July 2025, the technical trend for Punjab Chemicals has changed from mildly bullish to bullish. The current technical stance is bullish with a strong indication from the daily moving averages, which are bullish. The weekly MACD is also bullish, supporting the positive outlook. However, the monthly MACD remains mildly bullish, indicating some caution. The Bollinger Bands on both weekly and monthly time frames are mildly bullish, while the KST shows a bullish signal weekly but bearish monthly. The Dow Theory indicates a mildly bullish stance weekly with no trend monthly. Overall, the strength of the bullish trend is supported by the daily moving averages and the weekly MACD, despite some mixed signals from other indicators.
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