Is Le Travenues technically bullish or bearish?
As of June 25, 2025, the market trend is bullish with strong indicators like a bullish MACD and moving averages, despite mixed signals from Dow Theory and On-Balance Volume.
As of 25 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and the Bollinger Bands are also indicating a bullish trend. Daily moving averages confirm the bullish sentiment. However, the Dow Theory shows a mixed signal with a mildly bearish stance on the weekly chart and mildly bullish on the monthly. The On-Balance Volume (OBV) presents a mildly bearish signal on the weekly but is bullish on the monthly. Overall, the strength of the bullish trend is reinforced by the recent price movement, with the current price at 176.60, above the previous close of 163.90.
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