Is TPL Plastech technically bullish or bearish?

Jul 25 2025 08:06 AM IST
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As of July 24, 2025, TPL Plastech's technical trend has shifted to a bearish stance, supported by bearish daily moving averages and Bollinger Bands, while mixed signals from the MACD and other indicators reinforce this bearish sentiment.
As of 24 July 2025, the technical trend for TPL Plastech has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the daily moving averages, which are bearish, and the Bollinger Bands, which are also bearish on both weekly and monthly time frames. The MACD shows a mildly bullish signal on the weekly but is mildly bearish on the monthly, indicating mixed signals. The KST and OBV are both mildly bearish on the monthly, reinforcing the bearish outlook. Overall, the combination of these indicators suggests a bearish sentiment in the current market conditions.
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