Is ADF Foods technically bullish or bearish?
As of August 12, 2025, ADF Foods shows a mildly bearish trend, supported by bearish MACD and Bollinger Bands across multiple time frames, despite some mixed signals from the KST and Dow Theory.
As of 12 August 2025, the technical trend for ADF Foods has changed from sideways to mildly bearish. The weekly MACD is bearish, while the monthly MACD is mildly bearish, indicating a negative momentum. The Bollinger Bands are bearish on both weekly and monthly time frames, reinforcing the bearish outlook. Daily moving averages also reflect a bearish stance. Although the KST shows a bullish signal on the weekly, it is mildly bearish on the monthly, suggesting mixed signals. The Dow Theory indicates a mildly bullish trend on the monthly but no trend on the weekly, adding to the complexity. Overall, the current technical stance is mildly bearish, driven primarily by the bearish MACD and Bollinger Bands across multiple time frames.
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