Is Spencer's Retail technically bullish or bearish?

Jun 30 2025 08:05 AM IST
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As of June 27, 2025, Spencer's Retail is in a mildly bearish trend, with daily moving averages and monthly MACD indicating bearish sentiment, despite some short-term strength from weekly indicators.
As of 27 June 2025, the technical trend for Spencer's Retail has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish sentiment and the monthly MACD showing a bearish trend. The weekly MACD and KST are mildly bullish, suggesting some short-term strength, but the overall monthly indicators, including Bollinger Bands and Dow Theory, remain bearish. The RSI shows no signals in both weekly and monthly time frames, indicating a lack of momentum. Overall, while there are some mildly bullish signals in the short term, the prevailing trend remains bearish.
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