Is Vinyl Chemicals technically bullish or bearish?

Jul 23 2025 08:07 AM IST
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As of July 22, 2025, the trend is mildly bullish due to positive weekly MACD and KST indicators, but mixed signals from monthly indicators and a mildly bearish weekly Dow Theory suggest caution.
As of 22 July 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, primarily driven by the weekly MACD and KST indicators, both of which are bullish. The daily moving averages also support this bullish sentiment. However, the monthly MACD and Bollinger Bands indicate bearish conditions, suggesting mixed signals across different time frames. The weekly Dow Theory shows a mildly bearish stance, and the OBV is also mildly bearish, indicating some caution. Overall, while there are bullish indicators, the strength of the bullish trend is tempered by bearish signals in longer time frames.
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