Is Plymouth Industrial REIT, Inc. technically bullish or bearish?
As of June 17, 2025, the market trend is mildly bearish due to daily moving averages and monthly MACD signals, despite some short-term bullish indicators, indicating a divergence between short-term and long-term trends.
As of 17 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish outlook and the monthly MACD showing a bearish signal. While the weekly MACD and KST are mildly bullish, the overall weakness in the monthly indicators, including the Bollinger Bands and Dow Theory, supports the bearish sentiment. The RSI shows bullishness on the weekly timeframe but lacks a signal on the monthly, contributing to a mixed view. Overall, the strength of the bearish trend is moderate, with key indicators highlighting the divergence between short-term and long-term signals.
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