Is Varroc Engineer technically bullish or bearish?

Jun 25 2025 09:28 AM IST
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As of June 24, 2025, Varroc Engineer's technical trend is mildly bullish, supported by the weekly MACD and Bollinger Bands, despite some mixed signals from other indicators indicating short-term caution.
As of 24 June 2025, the technical trend for Varroc Engineer has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive outlook, while the monthly MACD shows a mildly bearish stance, indicating some caution. The Bollinger Bands are signaling a mildly bullish trend on the weekly chart and bullish on the monthly chart, reinforcing the upward momentum. However, daily moving averages are mildly bearish, suggesting short-term weakness. The KST is bullish on the weekly timeframe but mildly bearish monthly, and the Dow Theory indicates a mildly bullish stance on the monthly chart with no trend on the weekly. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, despite some mixed signals from other indicators.
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