What is the technical trend for Indo Amines?

Jun 09 2025 06:05 PM IST
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As of June 4, 2025, Indo Amines shows a mildly bullish trend based on weekly indicators, despite mixed signals from daily moving averages.
As of 4 June 2025, the technical trend for Indo Amines has changed from sideways to mildly bullish. The weekly MACD indicates a mildly bullish stance, supported by a bullish signal from the Bollinger Bands and a bullish reading from the On-Balance Volume (OBV). The Dow Theory also confirms a mildly bullish trend on the weekly timeframe. However, the daily moving averages show a mildly bearish signal, which introduces some caution. Overall, the current technical stance is mildly bullish, driven primarily by the positive momentum in the weekly indicators despite mixed signals from the daily timeframe.
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