Is Asahi Songwon technically bullish or bearish?
As of June 26, 2025, the trend has shifted to bullish with moderate strength, supported by bullish indicators like the MACD and Bollinger Bands, although caution is advised due to mildly bearish monthly signals.
As of 26 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly timeframe, bullish Bollinger Bands on both weekly and monthly timeframes, and bullish moving averages on the daily timeframe. The weekly KST is also bullish, supporting the overall positive outlook. However, the monthly MACD and KST are mildly bearish, indicating some caution. Overall, the bullish trend is reinforced by the recent price action, with today's high reaching 454.00, close to the previous close of 442.00.
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