Is Advanced Drainage Systems, Inc. technically bullish or bearish?
As of June 3, 2025, the market trend is mildly bearish, with daily moving averages and monthly MACD indicating bearish signals, while weekly indicators show some bullishness, resulting in mixed signals overall.
As of 3 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish outlook and the monthly MACD showing a bearish signal. The weekly MACD and KST are mildly bullish, providing some counterbalance, but overall, the indicators suggest a lack of strong bullish momentum. The Bollinger Bands on the weekly are bullish, yet the monthly remains mildly bearish, further indicating mixed signals. The Dow Theory shows a mildly bearish trend on the weekly, reinforcing the overall bearish sentiment.
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