Is Marathon Nextgen technically bullish or bearish?
As of July 9, 2025, the trend is bullish due to positive daily moving averages and weekly MACD, but caution is advised due to mixed signals from monthly indicators and bearish RSI readings.
As of 9 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish, driven by several key indicators. The daily moving averages are bullish, supporting the upward momentum. The weekly MACD is also bullish, while the Bollinger Bands indicate bullish conditions on both weekly and monthly time frames. However, the monthly MACD and KST are mildly bearish, and the RSI readings are bearish on both weekly and monthly charts, suggesting some caution. Overall, the strength of the bullish stance is tempered by mixed signals from the longer-term indicators.
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