Is Aerovate Therapeutics, Inc. technically bullish or bearish?
As of June 20, 2025, the market trend is mildly bearish, supported by bearish MACD and moving averages, despite some bullish signals from the RSI and OBV, indicating a cautious outlook.
As of 20 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish with key indicators supporting this view. The MACD remains bearish on both the weekly and monthly time frames, while the moving averages indicate a bearish trend on the daily chart. Although the RSI shows bullish signals on both weekly and monthly charts, the overall sentiment is tempered by the bearish Bollinger Bands and KST indicators. Dow Theory reflects a mildly bullish stance on the weekly but is mildly bearish on the monthly. The OBV shows no trend on the weekly but is bullish on the monthly, indicating some underlying strength. Overall, the mixed signals suggest caution in a mildly bearish environment.
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