Is Spencer's Retail technically bullish or bearish?
As of June 12, 2025, Spencer's Retail exhibits a bearish technical trend, supported by bearish moving averages, Bollinger Bands, and monthly MACD, despite a mild bullish signal on the weekly KST.
As of 12 June 2025, the technical trend for Spencer's Retail has changed from mildly bearish to bearish. The current technical stance is bearish, with a moderate strength indicated by several key factors. The weekly MACD is mildly bullish, but the monthly MACD is bearish, suggesting a lack of sustained upward momentum. The daily moving averages are bearish, reinforcing the negative outlook. Both the weekly and monthly Bollinger Bands are bearish, and the KST shows a mild bullish signal on the weekly but remains bearish monthly. Additionally, Dow Theory indicates a mildly bearish stance in both time frames. Overall, the combination of these indicators suggests a bearish sentiment in the market for Spencer's Retail.
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