Is Zaggle Prepaid technically bullish or bearish?
As of August 20, 2025, the market trend is mildly bearish, supported by bearish signals from the weekly MACD and daily moving averages, despite some bullish indicators from Bollinger Bands and OBV.
As of 20 August 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating bearish momentum and the daily moving averages also showing bearish signals. The KST and Dow Theory both confirm a mildly bearish outlook on the weekly timeframe. Although the Bollinger Bands and OBV are bullish on both weekly and monthly timeframes, the overall sentiment remains bearish due to the prevailing indicators.
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