NANOFILM stock forum
MZH Price Action: Nanofilm’s price closed above the resistance turned support level at S$0.830 after a bullish bar formed on Monday.Ichimoku Indicators: The price has moved above all Ichimoku indicators, with the possibility of a bullish “Kumo twist.”
MACD: A bullish crossover has been observed in the Moving Average Convergence Divergence (MACD), with the histogram returning to a positive zone.
Stochastic Oscillator: This indicator rose after a crossover near the 20-line, suggesting that upward momentum is intact.
Rate of Change (ROC): The 23-period ROC increased and returned above the zero line, signaling a bullish divergence.
Directional Movement Index (DMI): Renewed bullish strength has been indicated.
Volume: Trading volume rose above the 20-period average, pointing to increased buying pressure.