Is Chicago Rivet & Machine Co. technically bullish or bearish?
As of May 27, 2025, the market trend is mildly bearish, influenced by mixed indicators such as a mildly bullish weekly MACD and bearish monthly MACD, alongside a mildly bearish stance from Bollinger Bands and daily moving averages, while the KST shows mild bullishness on both time frames.
As of 27 May 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by a combination of indicators. The weekly MACD is mildly bullish, but the monthly MACD remains bearish, indicating mixed signals. The Bollinger Bands show a mildly bearish trend on the weekly chart and bearish on the monthly. Daily moving averages are also mildly bearish. The KST is mildly bullish on both weekly and monthly time frames, while Dow Theory indicates a mildly bullish stance on the monthly but no trend on the weekly. Overall, the strength of the bearish sentiment is tempered by some bullish indicators, particularly in the KST and weekly MACD.
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