Is Fabrinet technically bullish or bearish?

Jun 29 2025 11:49 AM IST
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As of June 27, 2025, Fabrinet's technical trend is bullish, supported by strong weekly indicators, although caution is advised due to mildly bearish signals from the monthly MACD and RSI.
As of 27 June 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance for Fabrinet is bullish with a strong indication from the weekly MACD and Bollinger Bands, both signaling bullish momentum. The daily moving averages also confirm this bullish trend. However, the monthly MACD and RSI show mildly bearish and bearish signals, respectively, suggesting some caution in the longer term. Overall, the weekly indicators, particularly the Dow Theory and KST, reinforce the bullish outlook, while the OBV indicates mild bullishness.
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