Is Global Health technically bullish or bearish?

Jun 23 2025 08:05 AM IST
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As of June 20, 2025, the market trend has shifted to mildly bearish, supported by bearish signals from the weekly MACD and Bollinger Bands, despite some mildly bullish indicators on daily moving averages and OBV.
As of 20 June 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating a bearish signal, along with Bollinger Bands also showing a bearish trend. The Dow Theory supports this with a mildly bearish indication on the weekly timeframe. Although the daily moving averages are mildly bullish and the OBV is mildly bullish on the weekly, these are outweighed by the overall bearish signals from the other indicators. The RSI shows no signal on both weekly and monthly timeframes, indicating a lack of momentum in either direction.
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