Is Astrazeneca Phar technically bullish or bearish?
As of June 26, 2025, the trend is mildly bullish due to positive MACD and Bollinger Bands, but caution is advised as weekly KST and Dow Theory signals are mildly bearish and RSI shows no momentum confirmation.
As of 26 June 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the weekly and monthly MACD readings being bullish, and the Bollinger Bands indicating a mildly bullish trend on the weekly and bullish on the monthly. However, the KST and Dow Theory present a mildly bearish signal on the weekly, which tempers the overall bullish sentiment. The daily moving averages also reflect a mildly bullish outlook. The RSI shows no signal in both weekly and monthly time frames, indicating a lack of momentum confirmation. Overall, while there are bullish indicators, the presence of mildly bearish signals suggests caution.
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