Is Basilic Fly Stud technically bullish or bearish?
As of July 7, 2025, the trend is bullish with strong support from key indicators like the weekly MACD and Bollinger Bands, though the bearish weekly RSI and mixed Dow Theory signals suggest some short-term weakness.
As of 7 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish, supported by several key indicators. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are bullish as well. Daily moving averages also confirm a bullish outlook. However, the weekly RSI is bearish, indicating some short-term weakness. Dow Theory shows a mixed signal with a mildly bearish weekly stance but a mildly bullish monthly perspective. Overall, the strength of the bullish trend is tempered by the bearish RSI and mixed Dow Theory signals.
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