Is SMC Global Sec. technically bullish or bearish?
As of June 20, 2025, the market trend is sideways with mixed indicators, showing mild bullish signals on the weekly MACD and Bollinger Bands, but caution is advised due to bearish daily moving averages and divergence in momentum.
As of 20 June 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed indicators influencing the outlook. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish, indicating divergence in momentum. The Bollinger Bands show a mildly bullish signal on the weekly and bullish on the monthly, suggesting potential upward price movement. However, daily moving averages are mildly bearish, which adds caution. The KST and OBV are both mildly bullish on the weekly, but the monthly readings are mildly bearish, indicating uncertainty. Overall, the lack of strong signals from the RSI and Dow Theory suggests a sideways market with no clear trend direction at this time.
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