Is Spencer's Retail technically bullish or bearish?

Jul 02 2025 08:18 AM IST
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As of July 1, 2025, Spencer's Retail shows a mildly bearish trend, with mixed signals from indicators like the MACD and Bollinger Bands, suggesting cautious sentiment overall.
As of 1 July 2025, the technical trend for Spencer's Retail has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The weekly MACD is mildly bullish, but the monthly MACD remains bearish, indicating mixed signals. The Bollinger Bands are bearish on the weekly chart and mildly bearish on the monthly chart, suggesting downward pressure. Daily moving averages are also mildly bearish, reinforcing the overall negative sentiment. The KST shows a mildly bullish signal on the weekly timeframe but is bearish monthly, adding to the complexity of the current trend. Overall, the technical indicators suggest a cautious outlook with a mildly bearish bias.
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