Is Modern Insulator technically bullish or bearish?
As of July 18, 2025, the market trend is mildly bearish due to daily moving averages and weekly Dow Theory indicating bearish momentum, despite some mixed signals from MACD and Bollinger Bands suggesting caution.
As of 18 July 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and the weekly Dow Theory also reflecting a mildly bearish outlook. While the MACD on the weekly chart shows a mildly bullish signal, the monthly MACD is mildly bearish, contributing to the overall bearish sentiment. The Bollinger Bands present a conflicting view with a bullish signal on the weekly but mildly bearish on the monthly. The KST remains bullish on both weekly and monthly time frames, indicating some underlying strength. Overall, the mixed signals suggest a cautious approach, with the bearish indicators currently taking precedence.
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