Is Educational Development Corp. technically bullish or bearish?

Jun 25 2025 08:10 AM IST
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As of May 5, 2025, the technical trend is mildly bearish, with daily moving averages indicating this stance, while weekly MACD and KST show mild bullishness; however, the overall sentiment remains bearish due to conflicting signals from Bollinger Bands and other indicators.
As of 5 May 2025, the technical trend has changed from bearish to mildly bearish. The current technical stance is mildly bearish. Key indicators include the daily moving averages indicating a mildly bearish position, while the weekly MACD and KST are mildly bullish, suggesting some potential for upward movement. However, the Bollinger Bands are bearish on both weekly and monthly time frames, which adds to the bearish sentiment. The lack of clear signals from the RSI and the Dow Theory indicating no trend further supports a cautious outlook. Overall, while there are some mildly bullish signals, the prevailing indicators lean towards a bearish stance.
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