What is the technical trend for Archean Chemical?

Jun 09 2025 06:47 PM IST
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As of May 16, 2025, Archean Chemical's trend is mildly bearish, driven by daily moving averages and bearish monthly Dow Theory, despite mixed signals from the weekly MACD and Bollinger Bands.
As of 16 May 2025, the technical trend for Archean Chemical has changed from sideways to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend. The weekly MACD shows a mildly bullish signal, but this is countered by the monthly Dow Theory being bearish. The Bollinger Bands on the monthly chart are also mildly bearish, while the weekly Bollinger Bands remain bullish, indicating mixed signals across different time frames. Overall, the strength of the bearish trend is supported by the daily moving averages and the bearish monthly Dow Theory.
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