Is Eco Recyc. technically bullish or bearish?
As of June 23, 2025, the market trend is mildly bearish, influenced by mixed signals from various indicators, including a bearish stance in daily moving averages and Bollinger Bands, despite some mildly bullish readings on the weekly MACD and KST.
As of 23 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The weekly MACD is mildly bullish, but the monthly MACD is mildly bearish, indicating mixed signals. The Bollinger Bands show a mildly bearish trend on the weekly chart and bearish on the monthly. Daily moving averages remain bearish, which adds to the negative sentiment. The KST is mildly bullish on the weekly but also mildly bearish on the monthly, further contributing to the overall mildly bearish outlook. The Dow Theory indicates a mildly bearish trend on the weekly timeframe, while the monthly shows no trend. Overall, the combination of these indicators suggests a cautious approach is warranted.
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