Is HMT technically bullish or bearish?

Jun 24 2025 08:08 AM IST
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As of June 23, 2025, the technical trend is mildly bullish, supported by the weekly MACD and Bollinger Bands, despite some caution from the monthly MACD and short-term bearish signals from daily moving averages.
As of 23 June 2025, the technical trend has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the mildly bullish stance, while the monthly MACD is mildly bearish, indicating some caution. The Bollinger Bands are showing a mildly bullish signal on the weekly and bullish on the monthly, reinforcing the positive outlook. The Dow Theory also indicates a mildly bullish trend on both weekly and monthly time frames. However, the daily moving averages are mildly bearish, suggesting short-term weakness. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, despite some mixed signals from other indicators.
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