Is Den Networks technically bullish or bearish?
As of August 29, 2025, the market trend is neutral with mixed indicators, showing a shift from bearish to sideways, as the weekly MACD and Bollinger Bands remain bearish while daily moving averages signal mild bullishness, resulting in overall weak market direction.
As of 29 August 2025, the technical trend has changed from bearish to sideways. The current technical stance is neutral, with mixed indicators influencing the outlook. The weekly MACD and Bollinger Bands remain bearish, while the daily moving averages show a mildly bullish signal. The KST indicates a bullish stance on the weekly but bearish on the monthly, and the Dow Theory shows a mildly bullish trend on the monthly with no trend on the weekly. The RSI shows no signal on both time frames, indicating indecision. Overall, the strength of the current stance is weak, reflecting the lack of a clear direction in the market.
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