What is the technical trend for EL Forge?

Jun 09 2025 06:41 PM IST
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As of June 4, 2025, EL Forge's technical trend is mildly bearish, influenced by mixed signals from MACD and KST, with daily moving averages reinforcing a cautious outlook.
As of 4 June 2025, the technical trend for EL Forge has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD is mildly bearish, suggesting mixed signals. The Bollinger Bands show a mildly bearish trend on the weekly chart but bullish on the monthly, indicating potential volatility. Daily moving averages are mildly bearish, reinforcing the overall cautious outlook. The KST is mildly bullish weekly but mildly bearish monthly, adding to the mixed sentiment. The Dow Theory reflects a mildly bearish trend on the weekly timeframe with no trend on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the mixed signals from MACD and KST.
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