Is Patrick Industries, Inc. technically bullish or bearish?

Jun 25 2025 08:15 AM IST
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As of June 20, 2025, Patrick Industries, Inc. shows a neutral technical trend with mixed signals: bullish weekly MACD and Bollinger Bands, but mildly bearish daily moving averages and monthly indicators, reflecting weak overall momentum.
As of 20 June 2025, the technical trend for Patrick Industries, Inc. has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across different indicators. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating a divergence in momentum. Bollinger Bands are bullish on both weekly and monthly time frames, suggesting potential upward movement. However, the daily moving averages are mildly bearish, which could limit short-term gains. The KST shows a mildly bullish signal weekly but is mildly bearish monthly, and the Dow Theory indicates no trend weekly but mildly bullish monthly. Overall, the strength of the current stance is weak, reflecting the conflicting signals across various time frames.
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