Is Preformed Line Products Co. technically bullish or bearish?
As of August 4, 2025, Preformed Line Products Co. shows a strong bullish trend supported by positive MACD, Bollinger Bands, and moving averages, significantly outperforming the S&P 500 with year-to-date and one-year returns of 61.23% and 72.55%, respectively.
As of 4 August 2025, the technical trend for Preformed Line Products Co. has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly charts, and Bollinger Bands also indicate a bullish trend across the same time frames. Moving averages are bullish on the daily chart, while the KST and Dow Theory confirm a bullish outlook on both weekly and monthly bases. The OBV shows a mildly bullish stance weekly but is mildly bearish monthly.In terms of performance, the company has significantly outperformed the S&P 500 across multiple periods, with a year-to-date return of 61.23% compared to the S&P 500's 12.22%, and a one-year return of 72.55% versus 17.14%. Overall, the technical indicators suggest a strong bullish sentiment for the stock.
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