What is the technical trend for Asia Pack?

Jun 09 2025 06:09 PM IST
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As of June 4, 2025, Asia Pack's technical trend is mildly bullish, supported by bullish MACD and moving averages, but caution is advised due to a recent 1-month decline of -14.70% and lack of strong momentum signals.
As of 4 June 2025, the technical trend for Asia Pack has changed from bullish to mildly bullish. The weekly MACD and Bollinger Bands remain bullish, supporting the mildly bullish stance. Daily moving averages also indicate bullish momentum. However, the RSI shows no signal on both weekly and monthly time frames, and Dow Theory indicates no trend. The stock has experienced a recent decline, with a 1-month return of -14.70%, contrasting with a positive YTD return of 12.26%. Overall, the current technical stance is mildly bullish, but caution is advised due to the lack of strong momentum signals.
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