Is HLE Glascoat technically bullish or bearish?
As of June 20, 2025, the technical trend is mildly bullish, supported by a bullish weekly MACD and daily moving averages, though caution is advised due to a bearish weekly RSI and mixed signals from Dow Theory.
As of 20 June 2025, the technical trend has changed from sideways to mildly bullish. The current technical stance is mildly bullish, driven primarily by the weekly MACD being bullish and the daily moving averages indicating a bullish trend. However, the weekly RSI is bearish, which suggests some caution. The Bollinger Bands are also mildly bullish on both weekly and monthly time frames, supporting the overall positive outlook. The Dow Theory presents a mixed view with weekly readings being mildly bearish while monthly readings are mildly bullish. Overall, the strength of the bullish stance is moderate, tempered by some bearish signals in the RSI and KST on the monthly time frame.
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