Is Persistent Sys technically bullish or bearish?
As of September 5, 2025, the market trend is mildly bearish due to bearish weekly MACD and KST indicators, despite some mildly bullish signals from the weekly Dow Theory and OBV, indicating a lack of strong momentum.
As of 5 September 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly MACD and KST indicators, both of which are bearish, while the monthly indicators show a mildly bearish trend. The daily moving averages are also bearish, indicating short-term weakness. However, the weekly Dow Theory and OBV suggest a mildly bullish sentiment, providing some counterbalance. Overall, the mixed signals indicate a lack of strong momentum in either direction, reinforcing the mildly bearish outlook.
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