Is HLE Glascoat technically bullish or bearish?

Jun 23 2025 08:04 AM IST
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As of June 20, 2025, HLE Glascoat shows a mildly bullish trend supported by a bullish MACD and daily moving averages, though mixed indicators like a bearish weekly RSI and Dow Theory suggest a moderate overall bullish strength.
As of 20 June 2025, the technical trend for HLE Glascoat has changed from sideways to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly timeframe and a bullish signal from daily moving averages. However, the weekly RSI indicates bearish momentum, which tempers the overall bullish outlook. The Bollinger Bands are also showing a mildly bullish trend on both weekly and monthly charts. Dow Theory presents a mixed view with a mildly bearish weekly signal but a mildly bullish monthly signal. Overall, the strength of the bullish stance is moderate, influenced by the mixed indicators across different timeframes.
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