Is Perrigo Co. Plc technically bullish or bearish?
As of May 22, 2025, the market trend has shifted to mildly bearish, with daily moving averages and weekly KST indicating bearish sentiment, while mixed monthly indicators suggest a consolidation phase rather than a clear trend.
As of 22 May 2025, the technical trend has changed from bullish to mildly bearish. The current technical stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment and the weekly KST showing a mildly bearish trend. While the weekly MACD remains bullish, the monthly indicators present a mixed picture with the Bollinger Bands on a bearish trajectory and the Dow Theory indicating a mildly bullish stance. Overall, the lack of strong signals from the RSI and OBV suggests a consolidation phase rather than a clear trend.
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