Is Voith Paper technically bullish or bearish?

Jul 22 2025 08:13 AM IST
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As of July 21, 2025, the market trend has shifted to a bullish stance with moderate strength, supported by bullish indicators like MACD and Bollinger Bands, though caution is advised due to mixed signals from longer time frames.
As of 21 July 2025, the technical trend has changed from sideways to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly chart, bullish Bollinger Bands on both weekly and monthly time frames, and bullish moving averages on the daily chart. However, the monthly MACD and KST are mildly bearish, indicating some caution. The Dow Theory shows a mildly bullish stance on the weekly but mildly bearish on the monthly, suggesting mixed signals in longer time frames. Overall, the bullish trend is supported by recent price action, with today's high surpassing previous close, indicating upward momentum.
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