Is ASK Automotive technically bullish or bearish?

Jun 14 2025 08:05 AM IST
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As of June 13, 2025, the market trend is mildly bullish, supported by the weekly MACD and Dow Theory, though mixed signals from daily moving averages and a lack of momentum confirmation from the RSI suggest some short-term weakness.
As of 13 June 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, supported by the weekly MACD indicating bullish momentum and the Dow Theory also reflecting a mildly bullish outlook. The Bollinger Bands on a weekly basis are showing a mildly bullish trend, while the daily moving averages indicate a mildly bearish condition, which suggests some short-term weakness. The RSI shows no signals on both weekly and monthly time frames, indicating a lack of momentum confirmation. Overall, the strength of the bullish stance is tempered by mixed signals from the moving averages and the lack of strong momentum indicators.
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