Is Accel Entertainment, Inc. technically bullish or bearish?

Jun 25 2025 09:04 AM IST
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As of June 18, 2025, the trend is bullish with moderate strength, supported by positive indicators like a bullish MACD and moving averages, although caution is advised due to mixed signals from the monthly MACD and Dow Theory.
As of 18 June 2025, the technical trend has changed from sideways to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly chart, bullish Bollinger Bands on both weekly and monthly time frames, and bullish moving averages on the daily chart. However, the monthly MACD and KST are mildly bearish, indicating some caution. The Dow Theory shows a mildly bearish stance on the weekly, suggesting mixed signals in the short term. Overall, the bullish trend is supported by recent price action, including a current price of 11.50, which is above the previous close of 11.28.
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