Is Gateway Distri technically bullish or bearish?
As of June 23, 2025, the market trend is mildly bearish, indicated by mixed signals from the MACD, moving averages, and Bollinger Bands, suggesting weak bearish sentiment without strong bullish indicators.
As of 23 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating mild bullishness but the monthly MACD showing mild bearishness. The daily moving averages are bearish, and the Bollinger Bands on a monthly basis are also bearish. The Dow Theory reflects a mildly bearish trend on the weekly chart, while the KST is bullish weekly but lacks a monthly signal. Overall, the mixed signals suggest a weak bearish sentiment with no strong bullish indicators present.
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