Is Veljan Denison technically bullish or bearish?
As of November 4, 2025, Veljan Denison's trend has shifted to mildly bullish, supported by daily moving averages and monthly RSI, though caution is advised due to bearish signals from the weekly MACD and KST.
As of 4 November 2025, the technical trend for Veljan Denison has changed from sideways to mildly bullish. The current stance is mildly bullish, supported by a daily moving average indicating mild bullishness and a monthly RSI showing bullish momentum. However, the weekly MACD remains bearish, which suggests caution. The Bollinger Bands on a monthly basis are mildly bearish, and the KST shows bearish signals on both weekly and monthly time frames. Overall, while there are mixed signals, the shift to a mildly bullish trend indicates some positive momentum, particularly in the daily and monthly RSI.
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