Is Modern Insulator technically bullish or bearish?
As of July 7, 2025, the market trend is mildly bearish, indicated by daily moving averages and weekly RSI, despite mixed signals from the MACD and Bollinger Bands, with the stock trading below its previous close and well off its 52-week high.
As of 7 July 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend and the weekly RSI showing bearish momentum. The MACD on a weekly basis is mildly bullish, but the monthly MACD is mildly bearish, suggesting mixed signals. Additionally, the Bollinger Bands reflect a mildly bullish stance on the weekly chart but are bearish on the monthly. Overall, the strength of the bearish sentiment is supported by the recent price action, with the stock trading below its previous close and significantly off its 52-week high.
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