Is Datamatics Glob. technically bullish or bearish?
As of June 9, 2025, the market trend is mildly bearish due to daily moving averages and weekly Dow Theory indicating bearish signals, despite some mildly bullish indicators, suggesting a cautious approach.
As of 9 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish signal and the weekly Dow Theory also reflecting a mildly bearish outlook. While the weekly MACD and KST are mildly bullish, the overall sentiment is tempered by the monthly indicators showing bearish tendencies. The Bollinger Bands are bullish on both weekly and monthly time frames, but the lack of strong signals from the RSI and OBV suggests caution. Overall, the strength of the bearish stance is moderate, influenced by mixed signals across different indicators.
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