Is Syncom Formul. technically bullish or bearish?

Jun 22 2025 08:04 AM IST
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As of June 20, 2025, the market trend is neutral with mixed indicators, showing a consolidation phase due to conflicting signals from MACD, moving averages, and Bollinger Bands.
As of 20 June 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed indicators influencing the outlook. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating conflicting momentum signals. The Bollinger Bands show a mildly bullish stance on both weekly and monthly time frames, suggesting potential upward movement. However, the daily moving averages are mildly bearish, which could weigh on short-term performance. The KST is bullish weekly but mildly bearish monthly, and the OBV is mildly bullish on both time frames, indicating some accumulation. Overall, the lack of strong directional signals in the RSI and Dow Theory suggests a consolidation phase rather than a clear bullish or bearish trend.
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