Is Dollar Industrie technically bullish or bearish?

Jun 29 2025 08:04 AM IST
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As of June 27, 2025, the technical trend is mildly bearish, influenced by mixed signals from various indicators, with the weekly MACD mildly bullish and the monthly MACD bearish, while the daily moving averages and Bollinger Bands are bearish, suggesting a tempered bearish sentiment with some potential for upward movement in the longer term.
As of 27 June 2025, the technical trend has changed from bearish to mildly bearish. The current technical stance is mildly bearish, driven by mixed signals across various indicators. The weekly MACD is mildly bullish, while the monthly MACD remains bearish, indicating a divergence in momentum. The RSI shows no signal on the weekly timeframe but is bullish on the monthly, suggesting potential for upward movement over a longer horizon. However, the daily moving averages are bearish, and both the Bollinger Bands and KST are mildly bearish on the weekly and monthly timeframes. Dow Theory indicates a mildly bearish stance weekly but mildly bullish monthly. Overall, the strength of the bearish sentiment is tempered by some bullish indicators, particularly on the monthly RSI, but the prevailing trend remains mildly bearish.
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