Is TH International Ltd. technically bullish or bearish?
As of May 22, 2025, the market trend is mildly bearish, supported by daily moving averages and Bollinger Bands, despite some mildly bullish signals from MACD and KST.
As of 22 May 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish outlook and the Bollinger Bands showing a mildly bearish trend on the weekly and a bearish trend on the monthly. While the MACD and KST are mildly bullish on both weekly and monthly time frames, the overall indicators suggest weakness. The Dow Theory indicates no trend on the weekly and a bearish stance on the monthly, further supporting the mildly bearish outlook.
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