What is the technical trend for Arex Industries?
As of May 19, 2025, Arex Industries shows a mildly bearish trend based on daily moving averages and monthly MACD, despite mixed signals from weekly MACD and Bollinger Bands indicating potential upward movement.
As of 19 May 2025, the technical trend for Arex Industries has changed from sideways to mildly bearish. The daily moving averages indicate a mildly bearish stance, while the weekly MACD shows a mildly bullish signal, creating a mixed picture. The monthly MACD and KST are both mildly bearish, suggesting underlying weakness. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, indicating potential for upward movement, but this is countered by the lack of signals from the RSI and Dow Theory, which show no trend. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the monthly MACD.
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