Is Global Industrial Co. technically bullish or bearish?
As of April 30, 2025, the market trend is mildly bearish, indicated by daily moving averages and weekly Dow Theory, despite some mildly bullish signals from the weekly MACD and KST, suggesting a lack of strong bullish momentum.
As of 30 April 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment and the weekly Dow Theory also reflecting a mildly bearish outlook. While the weekly MACD and KST show mildly bullish signals, the monthly indicators, including MACD and Bollinger Bands, remain bearish or mildly bearish. Overall, the mixed signals suggest a lack of strong bullish momentum, reinforcing the mildly bearish stance.
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