Is Eco Recyc. technically bullish or bearish?
As of 19 August 2025, the market trend is mildly bearish, influenced by daily moving averages and weekly Bollinger Bands, despite some mildly bullish indicators from the MACD and KST.
As of 19 August 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and the weekly Bollinger Bands also showing a mildly bearish position. While the weekly MACD and KST are mildly bullish, the overall sentiment remains cautious due to the bearish signals from the daily moving averages and the lack of clear signals from the RSI. The Dow Theory supports a mildly bearish outlook on the weekly timeframe.
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