Is Rave Restaurant Group, Inc. technically bullish or bearish?

Jun 25 2025 08:52 AM IST
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As of June 9, 2025, Rave Restaurant Group, Inc. shows a mildly bearish trend due to bearish MACD readings and daily moving averages, despite some bullish signals from KST and OBV, indicating overall market uncertainty.
As of 9 June 2025, the technical trend for Rave Restaurant Group, Inc. has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly and monthly MACD readings, both indicating a bearish trend. The daily moving averages also support this bearish outlook. While the Bollinger Bands show a mildly bearish signal on the weekly chart, the monthly chart indicates a mildly bullish stance, creating some divergence. The KST is bullish on both weekly and monthly time frames, and the OBV shows a bullish trend monthly, but these are countered by the overall bearish indicators. The lack of clear trends in Dow Theory further emphasizes the uncertainty in the current market conditions.
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