Is KCP technically bullish or bearish?

Jun 24 2025 08:10 AM IST
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As of June 23, 2025, the market trend is bearish with moderate strength, driven by bearish signals from the weekly MACD and Bollinger Bands, despite a conflicting bullish signal from the KST.
As of 23 June 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include the weekly MACD and Bollinger Bands both signaling bearish conditions, along with daily moving averages confirming the bearish trend. The monthly MACD is mildly bearish, indicating some weakness in the downward momentum. The KST shows a bullish signal on the weekly timeframe, but this is overshadowed by the overall bearish sentiment in other indicators. The lack of trends in Dow Theory and OBV further supports the bearish outlook.
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