Is Gates Industrial Corp. Plc technically bullish or bearish?
As of June 17, 2025, Gates Industrial Corp. Plc has a bullish trend supported by strong technical indicators, outperforming the S&P 500 with a 48.28% return over the past year.
As of 17 June 2025, the technical trend for Gates Industrial Corp. Plc has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view: both the weekly and monthly MACD are bullish, Bollinger Bands are bullish across both time frames, and moving averages are bullish on a daily basis. Dow Theory also confirms a bullish trend on both weekly and monthly charts. However, the KST shows a mildly bearish signal on both weekly and monthly time frames, and the OBV indicates a mildly bullish stance.In terms of performance, Gates Industrial has outperformed the S&P 500 significantly over the year with a return of 48.28% compared to the S&P 500's 17.14%, and it has also shown strong returns over 3 years and 5 years.
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