Is Medtronic Plc technically bullish or bearish?
As of June 17, 2025, the market trend is neutral with mixed indicators, showing mildly bullish signals on the weekly and monthly MACD, but bearish trends in daily moving averages and weekly KST, leading to an overall mildly bearish stance according to Dow Theory.
As of 17 June 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed indicators influencing this outlook. The weekly MACD remains mildly bullish, while the monthly MACD also shows mild bullishness. However, the daily moving averages indicate a mildly bearish trend, and the weekly KST is bearish. The Bollinger Bands present a bearish signal on the weekly timeframe but bullish on the monthly. Overall, the Dow Theory indicates a mildly bearish stance on both weekly and monthly timeframes. The lack of clear signals from the RSI and OBV further supports a neutral position.
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