Is Johnson Con. Hit technically bullish or bearish?
As of September 26, 2025, the market trend has shifted to a bearish stance with moderate strength, supported by bearish daily moving averages, a bearish monthly RSI, and mixed MACD signals.
As of 26 September 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the daily moving averages indicating bearishness, the monthly RSI showing bearish momentum, and the KST on both weekly and monthly time frames also reflecting bearish trends. The MACD presents a mixed picture with a mildly bullish weekly reading but a mildly bearish monthly signal, which adds to the overall bearish sentiment. The Dow Theory indicates a mildly bearish stance on the monthly chart, further supporting the bearish outlook.
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