Is Sumitomo Chemi. technically bullish or bearish?
As of July 4, 2025, Sumitomo Chemi's technical trend is neutral with mixed signals, showing a weakly bullish stance due to conflicting indicators across various time frames.
As of 4 July 2025, the technical trend for Sumitomo Chemi has changed from mildly bearish to sideways. The current technical 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 stance on the daily. However, the Bollinger Bands and On-Balance Volume (OBV) are bullish on both weekly and monthly time frames, suggesting some upward momentum. The KST shows a bullish monthly signal but is mildly bearish weekly, and Dow Theory indicates a mildly bullish weekly trend against a mildly bearish monthly trend. Overall, the strength of the current stance is weakly bullish due to conflicting signals.
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