Is 89bio, Inc. technically bullish or bearish?
As of June 3, 2025, the technical trend is mildly bullish, supported by positive indicators such as bullish MACD, moving averages, and Bollinger Bands across multiple time frames.
As of 3 June 2025, the technical trend has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the overall positive sentiment, while the monthly MACD is mildly bullish. The Bollinger Bands indicate a mildly bullish stance on the weekly chart and a bullish stance on the monthly chart. Daily moving averages are bullish, reinforcing the upward momentum. The KST is bullish on the weekly and mildly bullish on the monthly, and Dow Theory also shows a mildly bullish trend in both time frames. The OBV is mildly bullish on a monthly basis, though there is no trend on the weekly. Overall, the current technical stance is mildly bullish, driven by the positive indicators across multiple time frames.
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