Is Sobha technically bullish or bearish?
As of June 26, 2025, the technical trend is sideways with mixed signals: weekly indicators show bullish MACD and KST, while monthly indicators are mildly bearish, indicating a lack of clear direction.
As of 26 June 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed signals across various indicators. The weekly MACD is bullish, while the monthly MACD is mildly bearish. The RSI shows no signal on the weekly timeframe but is bullish on the monthly. Bollinger Bands indicate a mildly bullish stance weekly and mildly bearish monthly. Daily moving averages are mildly bearish, and the KST is bullish weekly but mildly bearish monthly. Dow Theory reflects a mildly bearish outlook weekly and bullish monthly. Overall, the indicators suggest a lack of clear direction, reinforcing the sideways trend.
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