Is Richardson Electronics Ltd. technically bullish or bearish?

Jun 25 2025 08:18 AM IST
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As of June 6, 2025, the market trend is mildly bearish, influenced by daily moving averages and weekly Bollinger Bands, despite some mixed signals from weekly MACD, KST, and RSI indicators.
As of 6 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the weekly Bollinger Bands also showing a mildly bearish signal. While the weekly MACD and KST are mildly bullish, the monthly indicators remain bearish, suggesting mixed signals across different time frames. The RSI on the weekly is bullish, but the lack of a signal on the monthly adds to the uncertainty. Overall, the strength of the bearish stance is moderate, with some bullish indicators present but not strong enough to shift the overall outlook.
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