Is Selan Expl. Tech technically bullish or bearish?
As of August 25, 2025, the technical trend has shifted to a bearish stance with moderate strength, driven by bearish indicators from MACD, RSI, and Bollinger Bands across multiple timeframes, despite a mildly bullish signal from Dow Theory on a monthly basis.
As of 25 August 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include a bearish MACD on the weekly timeframe, a bearish RSI on the weekly timeframe, and bearish signals from Bollinger Bands across both weekly and monthly timeframes. Daily moving averages also confirm a bearish outlook. While the Dow Theory indicates a mildly bullish trend on a monthly basis, the overall sentiment remains negative due to the prevailing bearish signals in the shorter timeframes.
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