Is Cello World technically bullish or bearish?
As of August 19, 2025, the market trend is mildly bearish, supported by bearish indicators like the MACD and Bollinger Bands, despite some mixed signals suggesting potential stabilization.
As of 19 August 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several indicators. The MACD is bearish on the weekly timeframe, and the Bollinger Bands also indicate a bearish trend on both weekly and monthly charts. Daily moving averages confirm a bearish outlook. While the KST shows a bullish signal on the weekly, the overall sentiment remains cautious. Dow Theory indicates a mildly bearish stance on the weekly but is mildly bullish on the monthly, suggesting some divergence. The OBV reflects a mildly bearish trend on the weekly while being mildly bullish on the monthly. Overall, the mixed signals indicate a weak bearish sentiment with potential for stabilization.
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