What is the technical trend for JNK?

Jun 09 2025 06:55 PM IST
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As of May 30, 2025, JNK's technical trend is mildly bearish, influenced by bearish daily moving averages and weekly Dow Theory indicators, despite a mildly bullish weekly MACD.
As of 30 May 2025, the technical trend for JNK has changed from sideways to mildly bearish. The weekly MACD indicates a mildly bullish stance, but the daily moving averages are bearish, suggesting short-term weakness. The Bollinger Bands on a weekly basis are also bearish, reinforcing the negative sentiment. The Dow Theory shows a mildly bearish trend on the weekly chart, while the On-Balance Volume (OBV) reflects a mildly bearish condition as well. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the weekly Dow Theory indicators.
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