Is Monster Beverage Corp. technically bullish or bearish?
As of March 20, 2025, the technical trend has shifted to bullish, supported by strong indicators like the MACD, Bollinger Bands, and KST across multiple time frames, while the OBV shows a mildly bullish trend on the monthly.
As of 20 March 2025, the technical trend has changed from sideways to bullish. The current technical stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, while the Bollinger Bands indicate a bullish trend on the weekly and a mildly bullish trend on the monthly. The daily moving averages are also bullish. KST is bullish on both weekly and monthly time frames, further reinforcing the bullish outlook. The OBV shows a mildly bullish trend on the monthly, although it indicates no trend on the weekly. Overall, the strength of the bullish stance is supported by multiple indicators across different time frames.
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