Is Restaurant Brand technically bullish or bearish?

Oct 07 2025 08:18 AM IST
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As of October 6, 2025, the market trend is mildly bearish, supported by MACD and Bollinger Bands indicators, despite some daily moving averages showing mild bullishness.
As of 6 October 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by the weekly and monthly MACD readings both indicating mild bearishness. The Bollinger Bands also reflect a bearish trend on the weekly and mildly bearish on the monthly. The KST is mildly bearish weekly and bearish monthly, further supporting the bearish outlook. While the daily moving averages show a mildly bullish stance, this is overshadowed by the overall bearish indicators. The lack of clear trends in Dow Theory and OBV suggests uncertainty in the market. Overall, the strength of the bearish sentiment is moderate, influenced primarily by the MACD and Bollinger Bands.
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