Is TPL Plastech technically bullish or bearish?

Jun 21 2025 08:04 AM IST
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As of June 20, 2025, TPL Plastech's technical trend is bearish with moderate strength, driven by bearish daily moving averages, Bollinger Bands, and mixed signals from MACD, KST, and OBV.
As of 20 June 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for TPL Plastech is bearish, with moderate strength. Key indicators driving this stance include the daily moving averages indicating bearish momentum, and both the weekly and monthly Bollinger Bands also reflecting a bearish outlook. The MACD shows a mildly bullish signal on the weekly chart but is mildly bearish on the monthly, indicating mixed signals. The KST and OBV are both mildly bearish on the weekly and monthly time frames, further supporting the bearish sentiment. Overall, the combination of these indicators suggests a prevailing bearish trend.
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