Is American Well Corp. technically bullish or bearish?

Jun 25 2025 08:28 AM IST
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As of June 18, 2025, the market trend is mildly bearish, indicated by mixed signals from key indicators like MACD, moving averages, and Bollinger Bands, suggesting weak bearish sentiment in the short term.
As of 18 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 is mildly bullish on both weekly and monthly time frames, but the moving averages on the daily are bearish. The Bollinger Bands and KST indicate bearish conditions on the weekly, while the monthly shows a mildly bullish KST. The Dow Theory reflects a mildly bearish stance on the weekly, and the OBV is mildly bearish on the monthly. Overall, the mixed signals suggest a weak bearish sentiment in the short term.
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