Is Virtuoso Optoel. technically bullish or bearish?
As of October 31, 2025, the technical trend is mildly bearish, indicated by bearish MACD readings and daily moving averages, despite a bullish signal from Bollinger Bands on the monthly timeframe, with the stock declining from 511.60 to 500.00.
As of 31 October 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by weekly and monthly MACD readings indicating bearish momentum. The daily moving averages also confirm a bearish outlook. While Bollinger Bands show a bullish signal on the monthly timeframe, the overall indicators, including KST and the lack of trends in Dow Theory, suggest weakness in the current price action. The stock has recently declined from a previous close of 511.60 to a current price of 500.00, further supporting the bearish sentiment.
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