What is the technical trend for Bloom Industries?

Jun 09 2025 05:58 PM IST
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As of June 3, 2025, Bloom Industries shows a mildly bearish trend due to bearish daily moving averages and a shift in the monthly MACD, despite some bullish signals from the weekly MACD and KST.
As of 3 June 2025, the technical trend for Bloom Industries has changed from mildly bullish to mildly bearish. The weekly MACD remains bullish, but the monthly MACD has turned mildly bearish, indicating a weakening momentum. The daily moving averages are bearish, further supporting the bearish stance. The Bollinger Bands show a mildly bullish trend on both weekly and monthly time frames, but this is overshadowed by the bearish signals from the moving averages. The KST is bullish on both weekly and monthly time frames, which suggests some underlying strength, but the overall sentiment is currently mildly bearish. The Dow Theory indicates a mildly bullish trend on the weekly chart, but no trend on the monthly chart. Overall, the current technical stance is mildly bearish, driven primarily by the bearish daily moving averages and the shift in the monthly MACD.
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