Is Sonoco Products Co. technically bullish or bearish?
As of June 20, 2025, the market trend is mildly bearish due to mixed signals, with weekly indicators showing mild bullishness while monthly indicators remain bearish, suggesting a cautious approach.
As of 20 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating mild bullishness, while the monthly MACD remains bearish. The Bollinger Bands and moving averages on the daily time frame are bearish, contributing to the overall mildly bearish outlook. The KST shows mild bullishness on the weekly, but the monthly remains bearish. The Dow Theory indicates a mildly bearish trend on the weekly, with no trend on the monthly. Overall, the mixed signals suggest a cautious approach, with the bearish indicators outweighing the bullish ones.
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