What is the technical trend for National Plastic?

Jun 09 2025 06:10 PM IST
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As of May 5, 2025, National Plastic's trend is mildly bearish, with mixed signals from moving averages, MACD, and RSI, suggesting a cautious approach.
As of 5 May 2025, the technical trend for National Plastic has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the weekly Dow Theory also showing a mildly bearish outlook. The MACD on a weekly basis is mildly bullish, but the monthly MACD remains mildly bearish, creating a mixed signal. The RSI on a monthly basis is bullish, but the weekly RSI shows no signal, adding to the uncertainty. Overall, the indicators suggest a cautious approach given the prevailing mildly bearish sentiment.
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