What is the technical trend for Premier Road?

Jun 09 2025 06:56 PM IST
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As of May 30, 2025, Premier Road's technical trend is mildly bearish, indicated by daily moving averages and On-Balance Volume, despite a mildly bullish weekly MACD, with the current price at 96.00 significantly below its 52-week high of 174.90.
As of 30 May 2025, the technical trend for Premier Road has changed from sideways to mildly bearish. The daily moving averages indicate a mildly bearish stance, while the weekly MACD shows a mildly bullish signal, suggesting some divergence in momentum. However, the weekly Bollinger Bands and the Dow Theory both point to a bearish outlook. The On-Balance Volume (OBV) is also mildly bearish on both weekly and monthly time frames, reinforcing the overall bearish sentiment. Given the current price of 96.00, which is significantly below the 52-week high of 174.90, the overall technical stance is mildly bearish.
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