What is the technical trend for Music Broadcast?
As of June 5, 2025, Music Broadcast's technical trend is bearish with moderate strength, supported by bearish indicators across multiple time frames, despite some mixed signals in the MACD and KST.
As of 5 June 2025, the technical trend for Music Broadcast has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. The weekly MACD is mildly bullish, but the monthly MACD is bearish, indicating a divergence in time frames. Both the weekly and monthly Bollinger Bands are bearish, reinforcing the negative outlook. Daily moving averages are also bearish, and the KST shows a mixed signal with weekly mildly bullish and monthly bearish readings. The Dow Theory indicates a mildly bullish trend on the weekly but no trend on the monthly, adding to the uncertainty. Overall, the bearish indicators dominate, suggesting a continued downward pressure on the stock.
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