Is Spencer's Retail technically bullish or bearish?

Aug 22 2025 08:08 AM IST
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As of August 21, 2025, Spencer's Retail shows a bearish trend with moderate strength, supported by daily moving averages and Bollinger Bands, despite some mixed signals from weekly MACD and KST indicators.
As of 21 August 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Spencer's Retail is bearish with moderate strength. The daily moving averages indicate a bearish outlook, while the weekly MACD and KST show mildly bullish signals, creating a divergence. Bollinger Bands and Dow Theory both reflect a mildly bearish stance on the weekly and monthly time frames. Overall, the combination of these indicators suggests a prevailing bearish sentiment despite some mixed signals in the shorter time frames.
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