Is Pondy Oxides technically bullish or bearish?
As of June 27, 2025, the market trend is mildly bearish, indicated by daily moving averages and a bearish weekly RSI, despite mixed signals from the MACD and supportive Bollinger Bands on longer time frames.
As of 27 June 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish sentiment. The weekly MACD remains bullish, but the monthly MACD is mildly bearish, suggesting a divergence in momentum across time frames. The weekly RSI is bearish, while the monthly RSI shows no signal, indicating weakness in the short term. Bollinger Bands are bullish on both weekly and monthly charts, which adds some support to the price action. Overall, the mixed signals from different indicators suggest a cautious outlook, with the bearish trend being more pronounced in the daily time frame.
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