Is Marathon Nextgen technically bullish or bearish?

Jul 09 2025 08:05 AM IST
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As of July 8, 2025, Marathon Nextgen shows a mildly bullish trend supported by strong weekly indicators, despite some caution from monthly bearish signals and overbought conditions indicated by the RSI.
As of 8 July 2025, the technical trend for Marathon Nextgen has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive momentum, while the monthly MACD is mildly bearish, indicating some caution. The weekly Bollinger Bands are bullish, suggesting price strength, and the KST is bullish on the weekly timeframe, reinforcing the upward trend. However, the RSI readings are bearish on both weekly and monthly timeframes, indicating potential overbought conditions. Moving averages on the daily are mildly bearish, which could temper the bullish outlook. Overall, the current technical stance is mildly bullish, driven by strong weekly indicators despite some bearish signals in the monthly data.
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