Is Valmont Industries, Inc. technically bullish or bearish?
As of June 2, 2025, the technical trend is mildly bullish, supported by positive signals in the MACD and Bollinger Bands, despite some bearish indicators in moving averages and OBV.
As of 2 June 2025, the technical trend has changed from sideways to mildly bullish. The current technical stance is mildly bullish, supported by bullish signals in the MACD and Bollinger Bands on both weekly and monthly time frames. The RSI is bullish on a monthly basis, while the weekly RSI shows no signal. Moving averages indicate a mildly bearish stance on the daily chart, but the overall trend remains positive due to the bullish indicators in the KST and Dow Theory on both weekly and monthly time frames. The OBV shows a mildly bearish trend on the monthly, which slightly offsets the bullish sentiment. Overall, the strength of the bullish trend is moderate, driven primarily by the positive momentum in the MACD and Bollinger Bands.
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