Is Amalgamated Financial Corp. technically bullish or bearish?
As of June 11, 2025, the market trend is mildly bearish, supported by daily moving averages and weekly Dow Theory, despite some mixed signals from indicators like MACD and Bollinger Bands suggesting underlying bullishness that isn't strong enough to reverse the bearish sentiment.
As of 11 June 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish sentiment and the weekly Dow Theory also reflecting a mildly bearish outlook. While the MACD shows a mildly bullish signal on the weekly timeframe, it is countered by a mildly bearish signal on the monthly timeframe. The Bollinger Bands are bullish on both weekly and monthly timeframes, but the overall indicators suggest weakness. The KST is mildly bullish weekly but bearish monthly, and the OBV shows no trend weekly while being mildly bullish monthly. Overall, the mixed signals indicate a cautious bearish stance with underlying bullish indicators not strong enough to overturn the bearish trend.
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