What is the technical trend for LMW?

Jun 09 2025 06:02 PM IST
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As of June 2, 2025, LMW's technical trend is mildly bullish, supported by weekly MACD and Bollinger Bands, but caution is advised due to bearish signals from the weekly RSI and OBV.
As of 2 June 2025, the technical trend for LMW has changed from bullish to mildly bullish. The weekly MACD remains bullish, while the monthly MACD is mildly bearish, indicating mixed signals across time frames. The weekly RSI is bearish, suggesting downward pressure, but the monthly RSI shows no signal, indicating a lack of momentum. Bollinger Bands are mildly bullish on both weekly and monthly charts, supporting a slight upward trend. Daily moving averages are mildly bullish, reinforcing the short-term positive outlook. However, the KST is bullish weekly but mildly bearish monthly, and both the OBV and Dow Theory indicate a mildly bearish stance on the weekly, with no trend monthly. Overall, the current technical stance is mildly bullish, but caution is warranted due to the bearish indicators present in the weekly RSI and OBV.
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