What is the technical trend for Petro Carbon?

Jun 09 2025 06:57 PM IST
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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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