Is Abits Group, Inc. technically bullish or bearish?

As of 9 May 2025, the technical trend for Abits Group, Inc. has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend and the weekly Dow Theory also suggesting a mildly bearish outlook. While the MACD shows mildly bullish signals on both weekly and monthly time frames, the overall sentiment is tempered by the bearish signals from Bollinger Bands and the KST monthly reading. The RSI shows no signals, indicating a lack of momentum in either direction. Overall, the mixed signals suggest caution, with a prevailing mildly bearish sentiment.