Is Sumitomo Chemi. technically bullish or bearish?
As of July 4, 2025, Sumitomo Chemi's trend is neutral with mixed signals, showing mildly bearish indicators on the weekly MACD and daily moving averages, while the monthly KST is bullish and Bollinger Bands indicate bullishness, suggesting caution despite a strong bullish OBV.
As of 4 July 2025, the technical trend for Sumitomo Chemi has changed from mildly bearish to sideways. The current stance is neutral, with mixed signals across different indicators. The weekly MACD and KST are mildly bearish, while the monthly KST is bullish. The Bollinger Bands indicate bullishness on both weekly and monthly time frames. The daily moving averages are mildly bearish, and the Dow Theory shows a mildly bullish weekly stance but a mildly bearish monthly outlook. Overall, the strength of the neutral position is supported by the bullish OBV on both weekly and monthly charts, but the mixed signals suggest caution.
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