Is Janus International Group, Inc. technically bullish or bearish?
As of May 8, 2025, the trend is mildly bearish due to daily moving averages and weekly Dow Theory, despite mixed signals from the MACD and Bollinger Bands indicating uncertainty and resistance after a recent price increase.
As of 8 May 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish outlook and the weekly Dow Theory also reflecting a mildly bearish trend. The MACD on a weekly basis is mildly bullish, but the monthly MACD remains bearish, suggesting mixed signals. The Bollinger Bands show a bullish signal on the weekly but are mildly bearish on the monthly, adding to the uncertainty. Overall, the indicators suggest a lack of strong bullish momentum, with the stock facing resistance after a recent price increase.
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