What is the technical trend for Forbes Precision?

Jun 09 2025 06:56 PM IST
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As of June 4, 2025, Forbes Precision's technical trend is mildly bearish, primarily influenced by daily moving averages, despite some bullish signals from weekly indicators and Bollinger Bands.
As of 4 June 2025, the technical trend for Forbes Precision has changed from sideways to mildly bearish. The daily moving averages indicate a mildly bearish stance, while the weekly MACD and KST show a mildly bullish trend. The Bollinger Bands on the weekly chart are bullish, suggesting potential upward movement, but the Dow Theory indicates a bearish trend on the monthly scale. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the recent trend change.
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