Is The Eastern Co. technically bullish or bearish?
As of June 6, 2025, the market trend is mildly bearish, indicated by daily moving averages and weekly Bollinger Bands, despite mixed signals from MACD, RSI, and other indicators.
As of 6 June 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 weekly Bollinger Bands also reflecting a mildly bearish sentiment. The MACD shows a mixed picture with weekly mildly bullish but monthly mildly bearish signals, while the RSI is bullish on a monthly basis but shows no signal on the weekly timeframe. Overall, the lack of a clear trend in Dow Theory and the mixed signals from KST and OBV further support the mildly bearish stance.
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