Is Datamatics Glob. technically bullish or bearish?
As of June 27, 2025, the market trend is mildly bearish, indicated by daily moving averages and weekly Dow Theory, despite some mildly bullish signals from the MACD and KST, with prices closer to the 52-week low of 515.50 than the high of 739.95.
As of 27 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend and the weekly Dow Theory also reflecting a mildly bearish outlook. Although the weekly MACD and KST show mildly bullish signals, the overall sentiment is tempered by the monthly indicators, which are mostly bearish or neutral. The price action is currently below the previous close, and with today's low at 620.00, it remains closer to the 52-week low of 515.50 than the high of 739.95, reinforcing the bearish sentiment.
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