Is Semtech Corp. technically bullish or bearish?

Jun 25 2025 08:09 AM IST
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As of June 9, 2025, Semtech Corp. shows a mildly bullish trend overall, supported by positive weekly indicators, though caution is advised due to mildly bearish daily moving averages.
As of 9 June 2025, the technical trend for Semtech Corp. has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, driven by a combination of indicators. The weekly MACD is mildly bullish, supporting the upward momentum, while the monthly MACD remains mildly bearish, indicating some caution. The Bollinger Bands show a mildly bullish signal on the weekly chart and bullish on the monthly, suggesting price strength. The KST is mildly bullish on both weekly and monthly time frames, reinforcing the positive outlook. However, daily moving averages are mildly bearish, which could pose a short-term risk. Overall, the technical indicators suggest a cautiously optimistic view for Semtech Corp.
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