Is Eagle Materials, Inc. technically bullish or bearish?
As of June 2, 2025, the market trend has shifted to a bearish stance with moderate strength, supported by bearish indicators from the MACD, moving averages, and Bollinger Bands, despite some mild bullishness from the KST.
As of 2 June 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the weekly MACD showing bearish momentum, daily moving averages confirming a bearish trend, and Bollinger Bands indicating a bearish outlook on both weekly and monthly time frames. The Dow Theory also supports a mildly bearish view on both weekly and monthly charts. While the KST shows mild bullishness weekly, it does not outweigh the overall bearish signals present.
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