Is Comcast Corp. technically bullish or bearish?
As of June 6, 2025, the market trend is mildly bearish, influenced by daily moving averages and weekly Bollinger Bands, despite some mildly bullish indicators like the weekly MACD and RSI.
As of 6 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment and the weekly Bollinger Bands also showing a mildly bearish trend. While the weekly MACD and KST are mildly bullish, they are countered by the monthly indicators, which remain bearish. The RSI on the weekly timeframe is bullish, but the overall picture suggests weakness. The lack of a clear trend in the Dow Theory further supports the mildly bearish outlook.
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