Is Jupiter Life Lin technically bullish or bearish?

Jun 29 2025 08:04 AM IST
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As of June 27, 2025, the market trend is mildly bearish, supported by bearish MACD and moving averages, mixed signals from Bollinger Bands and OBV, and Dow Theory indicating a moderate bearish outlook across multiple timeframes.
As of 27 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD on a weekly basis is bearish, while the moving averages on a daily basis also indicate a bearish trend. The Bollinger Bands show a mildly bearish signal on the weekly timeframe but are bullish on the monthly. Dow Theory supports a mildly bearish outlook on both weekly and monthly timeframes. The On-Balance Volume (OBV) is mildly bullish weekly but mildly bearish monthly, indicating mixed signals. Overall, the strength of the bearish stance is moderate, influenced by the prevailing bearish indicators across multiple timeframes.
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