Is Western Carriers technically bullish or bearish?

Jul 22 2025 08:17 AM IST
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As of July 21, 2025, the market trend is neutral with mixed signals, showing bullish momentum on weekly indicators but short-term weakness in daily moving averages, suggesting caution.
As of 21 July 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, reflecting a lack of strong directional movement. Key indicators include a bullish MACD on the weekly timeframe and bullish Bollinger Bands, which suggest some upward momentum. However, the daily moving averages are mildly bearish, indicating short-term weakness. The absence of clear trends in Dow Theory and the lack of signals from the RSI and OBV further support the neutral outlook. Overall, while there are bullish signals on the weekly charts, the mixed indicators suggest caution.
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