Is Swelect Energy technically bullish or bearish?
As of 13 October 2025, the trend is mildly bullish due to daily moving averages and weekly Bollinger Bands, but caution is advised due to a bearish weekly RSI and mildly bearish monthly MACD.
As of 13 October 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating bullish momentum and the weekly Bollinger Bands showing a mildly bullish signal. However, the weekly RSI is bearish, suggesting some weakness in momentum. The MACD on a weekly basis remains bullish, but the monthly MACD is mildly bearish, indicating mixed signals across time frames. Overall, while there are bullish indicators, the presence of bearish signals in the weekly RSI and monthly MACD suggests caution.
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