Is Sar Televenture technically bullish or bearish?
As of June 26, 2025, the market trend is mildly bearish, indicated by daily moving averages and Dow Theory, despite some conflicting signals from the MACD and Bollinger Bands.
As of 26 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 Dow Theory also reflecting a mildly bearish outlook on the weekly timeframe. The MACD on the weekly is mildly bullish, which provides some counterbalance, but the overall indicators suggest weakness. The Bollinger Bands are bullish on the weekly, yet the RSI shows no signal on both weekly and monthly charts, indicating indecision. The KST is mildly bullish on the weekly, but the OBV is mildly bearish, further supporting the bearish sentiment. Overall, the strength of the bearish stance is moderate, with conflicting signals present.
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