Is Tootsie Roll Industries, Inc. technically bullish or bearish?
As of June 6, 2025, Tootsie Roll Industries, Inc. shows a bullish technical trend supported by positive MACD and moving averages, despite a bearish monthly RSI, and has outperformed the S&P 500 with a year-to-date return of 30.53%.
As of 6 June 2025, the technical trend for Tootsie Roll Industries, Inc. has changed from mildly bullish to bullish. The MACD is bullish on both weekly and monthly time frames, while Bollinger Bands also indicate a bullish stance in both periods. The daily moving averages are bullish, supporting the overall positive sentiment. However, the monthly RSI is bearish, which presents a mixed signal. Dow Theory and OBV show a mildly bullish trend on both weekly and monthly time frames. In terms of performance, Tootsie Roll has outperformed the S&P 500 across multiple periods, with a year-to-date return of 30.53% compared to the S&P 500's 12.22%. Overall, the current technical stance is bullish, with a strong emphasis on the MACD and moving averages.
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