Is EMS technically bullish or bearish?
As of June 23, 2025, the market trend is mildly bearish, influenced by bearish momentum from the weekly MACD and daily moving averages, despite some short-term bullish signals from the weekly RSI.
As of 23 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly MACD indicating bearish momentum and the daily moving averages also showing a bearish trend. The weekly RSI is bullish, suggesting some strength, but this is offset by the weekly Bollinger Bands being mildly bearish and the OBV showing a mildly bearish stance on the monthly timeframe. Overall, while there are some bullish signals in the short term, the prevailing indicators lean towards a mildly bearish outlook.
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