Is Mold-Tek Pack. technically bullish or bearish?
As of July 11, 2025, the market trend is bullish with moderate strength, supported by bullish MACD, moving averages, and Bollinger Bands, despite a bearish weekly RSI and mixed signals from the KST.
As of 11 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly chart, bullish moving averages on the daily timeframe, and bullish Bollinger Bands on the weekly chart. However, the weekly RSI is bearish, which suggests some caution. The Dow Theory indicates a mildly bullish stance on both weekly and monthly timeframes, while the KST shows a mixed signal with bullish weekly and bearish monthly readings. Overall, the bullish trend is supported by recent price action, including a current price of 712.40, which is above the previous close of 708.00.
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