Is PNB Gilts technically bullish or bearish?
As of October 6, 2025, the technical trend is mildly bearish, supported by weekly and monthly MACD readings, Bollinger Bands, and KST indicators, despite daily moving averages showing a mildly bullish trend.
As of 6 October 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly and monthly MACD readings both indicating a mildly bearish outlook. The Bollinger Bands also reflect a bearish sentiment on the weekly and mildly bearish on the monthly. The KST supports this with a mildly bearish weekly and bearish monthly signal. Although the daily moving averages show a mildly bullish trend, the overall indicators suggest a bearish sentiment prevailing in the longer time frames. The lack of signals from the RSI and no trends in Dow Theory and OBV further reinforce the current mildly bearish stance.
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