Is American Shared Hospital Services technically bullish or bearish?

Jun 25 2025 08:06 AM IST
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As of May 15, 2025, the technical trend has shifted to a moderate bearish stance, supported by bearish MACD readings, moving averages, and Bollinger Bands, despite mixed signals from the RSI.
As of 15 May 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with a moderate strength. Key indicators driving this stance include bearish MACD readings on both the weekly and monthly time frames, bearish moving averages on the daily chart, and a mildly bearish signal from Bollinger Bands on the weekly chart. Additionally, the KST and Dow Theory are both indicating bearish conditions on the weekly time frame. The RSI shows a bullish signal on the weekly but lacks confirmation on the monthly, suggesting mixed signals that do not outweigh the overall bearish trend.
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