Is Scotts Miracle-Gro Co. technically bullish or bearish?
As of May 12, 2025, the market trend is mildly bearish, indicated by daily moving averages and monthly MACD signals, despite some mildly bullish indicators on the weekly timeframe.
As of 12 May 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 outlook and the monthly MACD showing a bearish signal. While the weekly MACD and KST are mildly bullish, the overall picture remains cautious with the Bollinger Bands on the monthly chart showing a mildly bearish trend. The Dow Theory supports a mildly bearish stance on the weekly timeframe, despite being mildly bullish on the monthly. The lack of strong signals from the RSI and OBV further reinforces the neutral to bearish sentiment.
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