Is Wolverine World Wide, Inc. technically bullish or bearish?
As of June 2, 2025, the trend is mildly bullish with support from bullish MACD and KST indicators, but caution is warranted due to mixed signals from daily moving averages and RSI.
As of 2 June 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on both weekly and monthly time frames, along with bullish Bollinger Bands. The KST is also bullish on both weekly and monthly charts, and Dow Theory indicates a mildly bullish trend. However, the daily moving averages are mildly bearish, which adds some caution. The RSI shows no signal on both weekly and monthly time frames, indicating a lack of momentum confirmation. Overall, the strength of the bullish stance is tempered by mixed signals in shorter time frames.
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