Is Global Health technically bullish or bearish?
As of June 20, 2025, the market trend has shifted to mildly bearish, supported by bearish indicators from MACD, Bollinger Bands, and Dow Theory, despite some mixed signals from moving averages and KST.
As of 20 June 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD on a weekly basis is mildly bearish, and both the Bollinger Bands and Dow Theory also indicate bearish sentiment on the weekly timeframe. The moving averages show a mildly bullish signal on the daily timeframe, but this is overshadowed by the overall bearish indicators. The KST is bullish on the weekly, but the lack of strong signals from the RSI and the mixed performance of the OBV further support a bearish outlook. Overall, the strength of the bearish trend is moderate, reflecting a cautious market sentiment.
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