What is the technical trend for Petro Carbon?
As of June 4, 2025, Petro Carbon's technical trend has shifted to mildly bullish, supported by the weekly MACD, Bollinger Bands, and Dow Theory, despite some caution from daily moving averages and a bearish KST.
As of 4 June 2025, the technical trend for Petro Carbon has changed from mildly bearish to mildly bullish. The weekly MACD indicates a mildly bullish stance, while the Bollinger Bands also reflect a bullish outlook. The Dow Theory supports this with a mildly bullish signal on both weekly and monthly time frames. However, the daily moving averages remain mildly bearish, which suggests some caution. The KST is bearish on a weekly basis, but the OBV shows a mildly bullish trend. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD, Bollinger Bands, and Dow Theory indicators.
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