Is Multi Ways Holdings Ltd. technically bullish or bearish?

Jun 25 2025 09:23 AM IST
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As of June 20, 2025, the stock's trend has shifted to a bearish stance with moderate strength, driven by bearish MACD and moving averages, despite a bullish RSI, and it has underperformed against the S&P 500.
As of 20 June 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly timeframe, bearish moving averages on the daily timeframe, and a mildly bearish signal from the Bollinger Bands on the weekly. The RSI shows bullish momentum on the weekly, but this is outweighed by the overall bearish signals from other indicators. The stock has underperformed significantly against the S&P 500 over multiple timeframes, further reinforcing the bearish outlook.
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