Is Sundrop Brands technically bullish or bearish?

Jun 23 2025 08:04 AM IST
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As of June 20, 2025, Sundrop Brands shows a mildly bearish trend, supported by daily moving averages and weekly Dow Theory, though mixed signals from MACD and Bollinger Bands suggest a cautious approach.
As of 20 June 2025, the technical trend for Sundrop Brands has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and the weekly Dow Theory suggesting a mildly bearish outlook. The MACD on the monthly timeframe is also mildly bearish, while Bollinger Bands reflect a bearish sentiment on the monthly but mildly bullish on the weekly. Overall, the mixed signals from the indicators suggest a cautious approach, with the strength of the bearish trend being moderate.
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