Is Skyworks Solutions, Inc. technically bullish or bearish?
As of April 30, 2025, the market trend is mildly bearish, influenced by daily moving averages and weekly Dow Theory, despite some mixed signals from the MACD and RSI across different timeframes.
As of 30 April 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 weekly Dow Theory also suggesting a mildly bearish trend. The MACD on the weekly chart is mildly bullish, but the monthly MACD remains bearish, creating a mixed signal. The RSI shows no signal on the weekly but is bullish on the monthly, adding to the complexity. Overall, while there are some bullish indicators in the weekly timeframe, the prevailing sentiment remains mildly bearish due to the daily and monthly signals.
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