Is Spectrum Electr. technically bullish or bearish?

Nov 18 2025 08:34 AM IST
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As of November 17, 2025, the market trend is neutral with mixed signals: the weekly MACD is mildly bullish, the RSI is bearish, and while Bollinger Bands suggest some upward potential, Dow Theory indicates a bearish stance on the monthly timeframe.
As of 17 November 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed signals across various indicators. The weekly MACD remains mildly bullish, while the weekly RSI is bearish, indicating potential weakness. Bollinger Bands on the weekly chart are also mildly bullish, suggesting some upward potential. However, the Dow Theory indicates a bearish stance on the monthly timeframe, and the OBV shows no trend on the weekly but is bullish on the monthly. Overall, the strength of the current neutral stance is moderate, influenced by the conflicting signals from the indicators.
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