Is Punjab Chemicals technically bullish or bearish?

Jul 16 2025 08:06 AM IST
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As of July 15, 2025, Punjab Chemicals has a bullish trend supported by strong MACD and Bollinger Bands indicators, although a bearish KST signal on the monthly time frame slightly tempers the outlook.
As of 15 July 2025, the technical trend for Punjab Chemicals has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands also indicate a bullish trend on both time frames. Daily moving averages are bullish, reinforcing the positive sentiment. However, the KST shows a bearish signal on the monthly time frame, which slightly tempers the overall bullish outlook. The Dow Theory indicates a mildly bullish stance on both weekly and monthly charts. Overall, the strength of the bullish trend is supported by consistent positive performance in the OBV on both weekly and monthly charts.
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