Is G M Breweries technically bullish or bearish?
As of July 7, 2025, the technical trend is mildly bullish, supported by a bullish weekly MACD and Bollinger Bands, although caution is warranted due to a mildly bearish monthly MACD and daily moving averages.
As of 7 July 2025, the technical trend has changed from mildly bearish to mildly bullish. The weekly MACD is bullish, supporting the positive shift, while the monthly MACD remains mildly bearish, indicating some caution. The RSI shows a bullish signal on the monthly timeframe, further reinforcing the bullish stance. Bollinger Bands are bullish on both weekly and monthly charts, suggesting upward momentum. However, daily moving averages indicate a mildly bearish trend, which could temper immediate bullish expectations. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands.
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