Is CBAK Energy Technology, Inc. technically bullish or bearish?

Jun 25 2025 08:35 AM IST
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As of June 9, 2025, CBAK Energy Technology, Inc. shows a mildly bullish trend overall, supported by bullish weekly MACD and Bollinger Bands, despite some caution from daily moving averages and mixed signals on the monthly KST.
As of 9 June 2025, the technical trend for CBAK Energy Technology, Inc. has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive outlook, while the monthly MACD is mildly bullish. Bollinger Bands indicate a mildly bullish stance on the weekly chart and a bullish stance on the monthly chart. However, daily moving averages are mildly bearish, which introduces some caution. The KST shows a bullish signal on the weekly but bearish on the monthly, and Dow Theory indicates a mildly bullish trend on the monthly with no trend on the weekly. Overall, the current technical stance is mildly bullish, driven primarily by the bullish MACD and Bollinger Bands on the weekly and monthly time frames.
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