Is Sundrop Brands technically bullish or bearish?

Jun 24 2025 08:11 AM IST
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As of June 23, 2025, the trend has shifted to mildly bullish, supported by positive indicators like a bullish MACD and KST, though caution is advised due to mixed signals from daily moving averages and Dow Theory.
As of 23 June 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly chart and bullish Bollinger Bands on both weekly and monthly time frames. The KST is bullish on both weekly and monthly charts, indicating positive momentum. However, the daily moving averages remain mildly bearish, which suggests some caution. The Dow Theory shows a mixed signal with a mildly bearish weekly stance but a mildly bullish monthly outlook. Overall, the strength of the bullish sentiment is tempered by the mixed signals from different time frames.
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