Is Stove Kraft technically bullish or bearish?
As of June 12, 2025, the market trend is mildly bearish, supported by bearish MACD and moving averages, despite some bullish signals from the KST and mixed views from Dow Theory.
As of 12 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD is bearish on the weekly chart and mildly bearish on the monthly chart, indicating ongoing downward momentum. The moving averages are bearish on the daily timeframe, further supporting the bearish outlook. Bollinger Bands also reflect a mildly bearish sentiment on both weekly and monthly charts. Although the KST shows bullishness on the monthly timeframe, the overall picture remains cautious due to the bearish signals from the MACD and moving averages. The Dow Theory presents a mixed view with mildly bullish weekly signals but mildly bearish monthly signals. Overall, the strength of the bearish stance is moderate, influenced by the prevailing bearish indicators.
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