What is the technical trend for TCM?
As of June 5, 2025, TCM's technical trend has shifted to a bearish stance with moderate strength, driven by bearish signals from moving averages and Bollinger Bands, despite some mixed momentum indicators.
As of 5 June 2025, the technical trend for TCM has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this assessment include the bearish signals from the daily moving averages and the Bollinger Bands on both weekly and monthly time frames. The MACD shows a mildly bullish signal on the weekly but is bearish on the monthly, indicating mixed momentum. The KST is mildly bullish weekly but bearish monthly, further contributing to the overall bearish outlook. The Dow Theory indicates a mildly bullish stance on the weekly but no trend on the monthly, suggesting uncertainty in the longer term. Overall, the bearish trend is supported by the prevailing indicators despite some mixed signals.
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