Is Optical Cable Corp. technically bullish or bearish?
As of June 4, 2025, the market trend is mildly bearish due to bearish weekly indicators, while monthly signals show mild bullishness, indicating a cautious outlook with no strong bullish momentum.
As of 4 June 2025, the technical trend has changed from bearish to mildly bearish. The current technical stance is mildly bearish, driven primarily by the weekly MACD and Bollinger Bands indicating bearish conditions, while the monthly MACD and KST show mild bullishness. The daily moving averages are bearish, contributing to the overall mildly bearish sentiment. The Dow Theory indicates no trend on the weekly timeframe but is mildly bullish on the monthly, suggesting some underlying strength. Overall, the indicators reflect a cautious outlook with a lack of strong bullish signals.
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