Is Permanent Magnet technically bullish or bearish?
As of November 17, 2025, the technical trend for Permanent Magnet has shifted to mildly bearish, driven by bearish indicators on the MACD, Bollinger Bands, and KST, despite a mildly bullish signal from daily moving averages.
As of 17 November 2025, the technical trend for Permanent Magnet has changed from sideways to mildly bearish. The current stance is bearish with a mild strength. Key indicators driving this include a bearish MACD on the weekly timeframe, bearish Bollinger Bands on both weekly and monthly timeframes, and a mildly bearish KST on the weekly. Additionally, Dow Theory indicates a mildly bearish outlook on both weekly and monthly charts. The daily moving averages show a mildly bullish signal, but this is outweighed by the overall bearish sentiment in the longer timeframes.
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