Is DHC Acquisition Corp. technically bullish or bearish?

Jun 25 2025 09:10 AM IST
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As of June 9, 2025, the market trend is mildly bearish, indicated by daily moving averages and Bollinger Bands, despite some mildly bullish signals from the MACD, leading to a weak bearish sentiment overall.
As of 9 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum, while the Bollinger Bands also reflect a mildly bearish outlook on both weekly and monthly time frames. The MACD shows mildly bullish signals on the weekly and monthly charts, but this is countered by the bearish monthly KST and the bearish Dow Theory. Overall, the mixed signals suggest a weak bearish sentiment, with the lack of strong bullish indicators contributing to the overall bearish view.
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