Is Bayer CropSci. technically bullish or bearish?
As of July 8, 2025, the market trend is mildly bullish due to positive weekly and monthly indicators, despite some short-term bearish signals from the RSI and daily moving averages.
As of 8 July 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on both weekly and monthly time frames, alongside bullish Bollinger Bands. However, the weekly RSI is bearish, indicating some short-term weakness. Daily moving averages are mildly bearish, which contrasts with the overall bullish sentiment from the weekly indicators. The Dow Theory supports a mildly bullish outlook on both weekly and monthly levels, while the OBV remains bullish. Overall, the strength of the bullish stance is tempered by mixed signals in the shorter time frames.
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