Is CG Power & Ind technically bullish or bearish?
As of June 20, 2025, the market trend is neutral with mixed signals: the weekly MACD is bullish, the monthly MACD is mildly bearish, and while the weekly RSI indicates downward pressure, Bollinger Bands suggest potential upward movement.
As of 20 June 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across various indicators. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating a divergence in momentum. The weekly RSI is bearish, suggesting downward pressure, but the monthly RSI shows no signal. Bollinger Bands are bullish on both weekly and monthly time frames, indicating potential upward movement. Daily moving averages are mildly bearish, which contrasts with the weekly KST being bullish and the monthly KST being mildly bearish. Overall, the lack of a clear trend in Dow Theory and mixed signals from the OBV further support a neutral stance.
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