Is Bank of Maha technically bullish or bearish?
As of June 12, 2025, the trend for Bank of Maha is mildly bullish based on weekly indicators, despite mixed signals from monthly and daily analyses suggesting some short-term weakness.
As of 12 June 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, driven primarily by the weekly MACD and KST indicators, both of which are bullish. The Dow Theory also supports a mildly bullish outlook on the weekly timeframe. However, the monthly MACD and Bollinger Bands indicate a mildly bearish sentiment, which tempers the overall bullishness. Daily moving averages are mildly bearish, suggesting some short-term weakness. Overall, the mixed signals across different timeframes indicate a cautiously optimistic outlook for Bank of Maha.
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