Is SBC Exports technically bullish or bearish?
As of August 7, 2025, the technical trend is bullish with moderate strength, supported by a bullish MACD, moving averages, and long-term performance, though caution is advised due to a bearish weekly RSI.
As of 7 August 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with moderate strength. Key indicators driving this stance include a bullish MACD on the weekly chart, bullish moving averages on the daily timeframe, and mildly bullish Bollinger Bands on both weekly and monthly charts. However, the weekly RSI is bearish, which suggests some caution. Overall, the bullish trend is supported by strong performance over the longer term, particularly in the 3-year and 5-year returns.
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