Is Ardagh Metal Packaging SA technically bullish or bearish?
As of June 3, 2025, the market trend has shifted to bullish, supported by strong indicators like a bullish weekly MACD, upward momentum in Bollinger Bands, and daily moving averages, with today's high nearing the 52-week peak.
As of 3 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are bullish, indicating upward momentum. Daily moving averages also confirm a bullish outlook. The KST is bullish on a weekly basis and mildly bullish monthly, while the Dow Theory shows a mildly bullish trend on the monthly timeframe. Overall, the strength of the bullish sentiment is reinforced by the recent price action, with today's high at 4.23, approaching the 52-week high of 4.30.
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