Is Elanco Animal Health, Inc. technically bullish or bearish?
As of June 20, 2025, the market trend is neutral with mixed signals: weekly indicators show bullish momentum while monthly indicators suggest bearish weakness, indicating caution without a clear trend.
As of 20 June 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed indicators influencing the outlook. The weekly MACD is bullish, while the monthly MACD is mildly bullish, suggesting some positive momentum. However, the weekly and monthly RSI readings are bearish, indicating weakness in price strength. The Bollinger Bands show a mildly bullish stance on the weekly chart but bearish on the monthly. Daily moving averages are mildly bearish, and the KST is bullish weekly but bearish monthly. Dow Theory indicates a mildly bearish position on the weekly but mildly bullish on the monthly. Overall, the mixed signals suggest caution, with no clear bullish or bearish trend prevailing at this time.
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