Is Kenon Holdings Ltd. technically bullish or bearish?
As of May 13, 2025, Kenon Holdings Ltd. has shifted to a bullish trend, supported by strong indicators like bullish MACD and Bollinger Bands on both weekly and monthly time frames, alongside a recent 52-week high of 38.35.
As of 13 May 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance for Kenon Holdings Ltd. is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands also indicate a bullish trend on both time frames. Daily moving averages confirm a bullish stance as well. The KST is bullish weekly and monthly, while the OBV shows a bullish trend on the monthly but no trend on the weekly. Dow Theory indicates a mildly bullish stance on both weekly and monthly charts. Overall, the strength of the bullish trend is reinforced by the recent price action, with today's high reaching the 52-week high of 38.35.
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