Is Sumitomo Chemi. technically bullish or bearish?
As of October 24, 2025, the market trend is neutral with weak bearish signals, indicated by mildly bearish MACD and KST, bearish Bollinger Bands on the weekly timeframe, and indecisive RSI readings, suggesting a lack of clear direction.
As of 24 October 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, with weak bearish signals. The weekly MACD and KST are both mildly bearish, indicating a lack of momentum. The Bollinger Bands show a bearish signal on the weekly timeframe, while the daily moving averages are mildly bullish, suggesting some short-term support. The RSI shows no signal on both weekly and monthly timeframes, indicating indecision. Overall, the combination of indicators suggests a lack of clear direction, with bearish tendencies prevailing in the longer timeframes.
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