Is Servotech Renew technically bullish or bearish?
As of June 9, 2025, Servotech Renew's technical trend has shifted to mildly bearish, supported by bearish indicators like the monthly MACD and daily moving averages, despite some mildly bullish signals from the weekly Bollinger Bands and KST.
As of 9 June 2025, the technical trend for Servotech Renew has changed from sideways to mildly bearish. The current stance is bearish, with key indicators supporting this view. The MACD on a monthly basis is mildly bearish, while the weekly RSI indicates bearish momentum. Daily moving averages also reflect a mildly bearish outlook. Although the weekly Bollinger Bands and KST show mildly bullish signals, they are outweighed by the overall bearish trend in the monthly indicators. The Dow Theory indicates a mildly bearish stance on the monthly timeframe. Overall, the strength of the bearish sentiment is moderate, driven primarily by the moving averages and the monthly MACD.
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