Is Marathon Nextgen technically bullish or bearish?

Jun 25 2025 09:26 AM IST
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As of June 24, 2025, the trend is mildly bullish due to positive MACD and strong Bollinger Bands and OBV indicators, despite bearish RSI readings and mildly bearish moving averages on the daily chart suggesting caution.
As of 24 June 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on the weekly chart and strong performance in the Bollinger Bands and OBV indicators, both of which are bullish on weekly and monthly time frames. However, the RSI readings on both weekly and monthly charts are bearish, indicating some weakness in momentum. Moving averages are mildly bearish on the daily chart, suggesting caution. Overall, while there are mixed signals, the prevailing trend is mildly bullish.
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