What is the technical trend for Future Retail Ltd.?
As of July 31, 2024, Future Retail Ltd. shows a mildly bullish technical trend, supported by positive MACD and KST indicators, despite some caution from bearish Bollinger Bands and mixed signals from Dow Theory.
As of 31 July 2024, the technical trend for Future Retail Ltd. has changed from mildly bearish to mildly bullish. The weekly and monthly MACD indicators are both mildly bullish, supporting a positive outlook. The daily moving averages also indicate a mildly bullish stance. However, the Bollinger Bands are bearish on both weekly and monthly time frames, which introduces some caution. The KST is bullish on both time frames, while the Dow Theory shows a mixed signal with a mildly bearish weekly stance but a mildly bullish monthly view. Overall, the current technical stance is mildly bullish, driven primarily by the MACD and KST indicators.
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