Is Automotive Axles technically bullish or bearish?

Jun 10 2025 08:12 AM IST
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As of June 9, 2025, Automotive Axles shows a mildly bearish trend due to daily moving averages indicating bearish sentiment, despite some mixed signals from weekly and monthly indicators.
As of 9 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish sentiment. The weekly MACD shows a mildly bullish signal, but this is countered by the monthly MACD and KST both being bearish. The Bollinger Bands present a mixed view with a bullish weekly signal but a mildly bearish monthly signal. Overall, the lack of strong bullish indicators and the presence of bearish signals in key time frames suggest a cautious outlook for Automotive Axles.
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