Is Acrivon Therapeutics, Inc. technically bullish or bearish?
As of May 3, 2024, the trend has shifted to mildly bullish due to positive weekly MACD and RSI signals, but caution is advised due to bearish daily moving averages and mixed signals from Bollinger Bands and KST.
As of 3 May 2024, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, primarily driven by the weekly MACD indicating a mildly bullish signal and the weekly RSI showing bullish momentum. However, the daily moving averages remain bearish, which suggests caution. The Bollinger Bands and KST indicate a mixed outlook, with both showing mildly bearish signals on the weekly timeframe. Overall, while there are bullish indicators present, the mixed signals from other technicals suggest a cautious approach.
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