Is Steel Str. Wheel technically bullish or bearish?
As of July 7, 2025, the trend is mildly bullish due to positive weekly indicators, but caution is advised due to bearish signals from the monthly RSI and KST.
As of 7 July 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the weekly MACD and moving averages indicating bullish momentum, while the monthly RSI and KST show bearish signals. The Bollinger Bands are also mildly bullish on both weekly and monthly time frames. However, Dow Theory presents a mixed view with a mildly bearish weekly outlook contrasted by a mildly bullish monthly perspective. Overall, the strength of the bullish sentiment is tempered by the bearish signals on the monthly RSI and KST, suggesting caution in the current environment.
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