Is Capri Holdings Ltd. technically bullish or bearish?
As of May 12, 2025, the market trend is mildly bearish, with daily moving averages and monthly indicators suggesting bearish conditions, despite some mildly bullish signals on the weekly chart.
As of 12 May 2025, the technical trend has changed from bearish to mildly bearish. The current technical stance is mildly bearish, driven by the daily moving averages indicating a bearish outlook and the weekly Dow Theory also reflecting a mildly bearish trend. The MACD shows a mildly bullish signal on the weekly chart, but the monthly perspective remains bearish. Bollinger Bands and KST both indicate bearish conditions on the monthly level. Overall, while there are some mildly bullish signals in the weekly timeframe, the prevailing indicators suggest a bearish sentiment in the longer term.
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