Is Annexon, Inc. technically bullish or bearish?

Jun 25 2025 08:29 AM IST
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As of May 16, 2025, the trend is mildly bearish due to daily moving averages and monthly MACD indicating bearish momentum, despite some short-term strength from weekly indicators.
As of 16 May 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend and the MACD on a monthly basis showing bearish momentum. The weekly MACD and KST are mildly bullish, suggesting some short-term strength, but this is countered by the overall bearish signals from the monthly indicators. The Bollinger Bands and Dow Theory present a mixed view, with weekly indicators showing mild bullishness while monthly indicators lean bearish. Overall, the strength of the bearish stance is supported by the daily moving averages and the longer-term bearish signals from the monthly MACD and KST.
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