Is Sumitomo Chemi. technically bullish or bearish?

Jul 08 2025 08:12 AM IST
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As of July 7, 2025, the trend is mildly bullish due to bullish MACD and Bollinger Bands signals on weekly and monthly charts, despite some mixed indicators suggesting a mildly bearish outlook on daily and monthly time frames.
As of 7 July 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on the weekly chart and bullish signals from Bollinger Bands on both weekly and monthly time frames. However, the monthly MACD is mildly bearish, and daily moving averages indicate a mildly bearish trend. The Dow Theory shows a mildly bullish stance on the weekly chart but is mildly bearish on the monthly chart. Overall, while there are mixed signals, the prevailing trend is mildly bullish.
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