Is Caesarstone Ltd. technically bullish or bearish?
As of February 18, 2025, Caesarstone Ltd. is in a bearish trend with moderate strength, driven by bearish moving averages, KST readings, and MACD, despite some mildly bullish signals on the weekly timeframe.
As of 18 February 2025, the technical trend for Caesarstone Ltd. has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include the bearish moving averages on the daily timeframe, the bearish readings from the KST on both weekly and monthly timeframes, and the monthly MACD being bearish. Additionally, the Bollinger Bands are indicating a mildly bearish trend on both weekly and monthly charts. While the weekly MACD shows a mildly bullish signal and Dow Theory indicates a mildly bullish stance on the weekly timeframe, these are overshadowed by the overall bearish signals from other indicators.
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