Is Global Surfaces technically bullish or bearish?
As of June 12, 2025, the market trend is mildly bearish, supported by daily moving averages and Dow Theory, despite some mixed signals from weekly indicators.
As of 12 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the weekly Dow Theory also showing bearish signals. Although the weekly MACD and KST are mildly bullish, they are not strong enough to counter the bearish indicators. The Bollinger Bands present a mixed view with a bullish weekly signal but a bearish monthly signal. Overall, the strength of the bearish stance is supported by the daily moving averages and the Dow Theory.
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