Is ZK International Group Co., Ltd. technically bullish or bearish?
As of May 8, 2025, the market trend is mildly bearish, influenced by daily moving averages and weekly RSI showing bearish momentum, despite some mixed signals from MACD and Bollinger Bands.
As of 8 May 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend and the weekly RSI showing bearish momentum. While the MACD on both weekly and monthly time frames is mildly bullish, the overall indicators suggest weakness. The Bollinger Bands indicate a mildly bullish stance on the weekly but are bearish on the monthly, adding to the mixed signals. The KST is bullish weekly but bearish monthly, further complicating the outlook. Overall, the combination of indicators reflects a lack of strong bullish momentum, maintaining a mildly bearish position.
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