Is Constellation Brands, Inc. technically bullish or bearish?
As of June 10, 2025, the market trend has shifted to a bearish stance with moderate strength, indicated by bearish MACD readings, moving averages, and Bollinger Bands, despite some bullish momentum in the monthly RSI.
As of 10 June 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this assessment include the bearish MACD readings on both the weekly and monthly time frames, along with bearish moving averages on the daily chart. The Bollinger Bands also indicate a bearish trend on the monthly level. Although the monthly RSI shows bullish momentum, it is overshadowed by the overall bearish signals from other indicators. The Dow Theory reflects a mildly bearish outlook on the monthly time frame, further supporting the bearish stance.
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