Is Sumitomo Chemi. technically bullish or bearish?
As of July 4, 2025, Sumitomo Chemi's technical trend is neutral with mixed signals; while the MACD and moving averages suggest a mildly bearish trend, Bollinger Bands and OBV indicate potential upward movement.
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 various indicators. The MACD is mildly bearish on both the weekly and monthly time frames, while the moving averages indicate a mildly bearish trend on the daily. However, Bollinger Bands and OBV are bullish on both weekly and monthly time frames, suggesting some upward potential. The KST shows a mixed signal with a bullish monthly reading but a mildly bearish weekly reading. Overall, the strength of the current neutral stance is moderate, influenced by the conflicting indicators.
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