What is the technical trend for Avalon Tech?

Jun 09 2025 06:50 PM IST
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As of June 6, 2025, Avalon Tech's technical trend is bullish, supported by positive MACD and Bollinger Bands, though caution is advised due to a mildly bearish signal from the weekly Dow Theory.
As of 6 June 2025, the technical trend for Avalon Tech has changed from mildly bullish to bullish. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands indicate bullish momentum. Daily moving averages also support a bullish stance. However, the weekly Dow Theory shows a mildly bearish signal, which suggests some caution. Overall, the current technical stance is bullish with moderate strength, driven primarily by the positive indicators from MACD and Bollinger Bands.
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