Is Ambarella, Inc. technically bullish or bearish?
As of May 27, 2025, the market trend is mildly bearish, indicated by daily moving averages and Bollinger Bands, despite a conflicting mildly bullish MACD signal on the weekly chart.
As of 27 May 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating bearish momentum and the weekly Dow Theory also reflecting a mildly bearish outlook. The MACD shows a contrast with a mildly bullish signal on the weekly chart, but the monthly MACD remains bearish, suggesting mixed signals. Bollinger Bands on both weekly and monthly time frames are bearish, reinforcing the negative sentiment. Overall, the strength of the bearish trend is supported by the daily moving averages and the broader context of the stock's performance relative to the S&P 500.
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