Is SKM Egg Prod. technically bullish or bearish?

Jun 15 2025 08:02 AM IST
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As of June 13, 2025, SKM Egg Prod. shows a mildly bullish trend driven by the weekly MACD, Bollinger Bands, and OBV, despite mixed signals from daily moving averages and monthly indicators.
As of 13 June 2025, the technical trend for SKM Egg Prod. has changed from sideways to mildly bullish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish, suggesting mixed signals across time frames. The weekly Bollinger Bands are bullish, supporting the upward movement, and the Dow Theory also shows a mildly bullish trend in both weekly and monthly perspectives. However, the daily moving averages are mildly bearish, indicating short-term weakness. The KST shows a bullish weekly signal but is mildly bearish monthly, and the OBV is bullish on both weekly and monthly charts, indicating strong buying pressure. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD, Bollinger Bands, and OBV, despite some bearish signals in the moving averages and monthly indicators.
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