Is Steel Str. Wheel technically bullish or bearish?
As of July 1, 2025, the trend is mildly bullish due to positive MACD and moving averages, but caution is advised due to bearish signals from the monthly RSI and KST.
As of 1 July 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on both weekly and monthly time frames, and bullish moving averages on the daily chart. However, the monthly RSI indicates bearish momentum, and the KST shows a bearish signal on the monthly as well. The Bollinger Bands and Dow Theory are both mildly bullish on weekly and monthly time frames, suggesting some upward potential but with caution. Overall, while the indicators show a positive tilt, the presence of bearish signals in the monthly RSI and KST tempers the bullish outlook.
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