What is the technical trend for Spencer's Retail?

Jun 09 2025 06:43 PM IST
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As of June 2, 2025, Spencer's Retail is in a bearish trend with mixed signals from indicators, showing moderate bearish strength despite some mildly bullish signals on the weekly MACD and KST.
As of 2 June 2025, the technical trend for Spencer's Retail has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD is mildly bullish, but the monthly MACD is bearish, indicating mixed signals across time frames. Both the weekly and monthly Bollinger Bands are bearish, reinforcing the downward trend. Daily moving averages are also bearish, contributing to the overall negative outlook. The KST shows a mildly bullish signal on the weekly but is bearish on the monthly, while the Dow Theory and OBV indicate mildly bearish conditions on both weekly and monthly charts. Overall, the indicators suggest a prevailing bearish sentiment in the market for Spencer's Retail.
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