What is the technical trend for Simplex Mills?
As of May 28, 2025, Simplex Mills shows a mildly bearish trend due to bearish daily moving averages and KST signals, despite mixed MACD readings and some support from Dow Theory.
As of 28 May 2025, the technical trend for Simplex Mills has changed from does not qualify to mildly bearish. The current technical stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend and the KST showing bearish signals on both weekly and monthly time frames. While the MACD is mildly bullish on the weekly chart, it is mildly bearish on the monthly, suggesting mixed signals. The Dow Theory supports a mildly bullish stance on both weekly and monthly time frames, but overall, the bearish indicators are currently more prominent.
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