Is Hanesbrands, Inc. technically bullish or bearish?
As of June 6, 2025, Hanesbrands, Inc. shows a mildly bearish trend, with mixed signals from MACD and Bollinger Bands, while daily moving averages and RSI indicate weak momentum, suggesting a cautious investment approach.
As of 6 June 2025, the technical trend for Hanesbrands, Inc. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating mild bullishness, while the monthly MACD remains bearish. The weekly Bollinger Bands and Dow Theory also reflect a mildly bearish outlook. Daily moving averages are bearish, contributing to the overall weak sentiment. The RSI shows no signal in both weekly and monthly time frames, indicating a lack of momentum. Overall, the indicators suggest a cautious approach, with the stock struggling against broader market performance.
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