Is Tootsie Roll Industries, Inc. technically bullish or bearish?
As of June 6, 2025, Tootsie Roll Industries, Inc. shows a bullish trend with moderate strength, supported by positive indicators like a bullish MACD and moving averages, despite some caution from a bearish monthly RSI and Dow Theory.
As of 6 June 2025, the technical trend for Tootsie Roll Industries, Inc. has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on both weekly and monthly time frames, bullish Bollinger Bands on the weekly, and bullish moving averages on the daily. However, the monthly RSI is bearish, and the Dow Theory indicates a mildly bearish stance on the weekly, suggesting some caution. Overall, the bullish signals outweigh the bearish ones, indicating a positive outlook.
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