Is Penske Automotive Group, Inc. technically bullish or bearish?

Jun 25 2025 08:22 AM IST
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As of June 17, 2025, the technical trend has shifted to bullish, supported by strong weekly indicators like the MACD and Bollinger Bands, despite some mild bearish signals on the monthly charts.
As of 17 June 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and Bollinger Bands are also indicating bullish momentum. Daily moving averages confirm a bullish trend as well. Although the monthly MACD and KST are mildly bearish, the overall strength from the weekly indicators suggests a prevailing bullish sentiment. The stock has shown strong performance relative to the S&P 500 over various time frames, further reinforcing the bullish outlook.
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