Is Annovis Bio, Inc. technically bullish or bearish?

Jun 25 2025 08:41 AM IST
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As of May 7, 2025, the market trend is mildly bearish, influenced by daily moving averages and weekly Dow Theory, though mixed signals from the MACD, Bollinger Bands, RSI, and OBV suggest caution.
As of 7 May 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend and the weekly Dow Theory also reflecting a mildly bearish outlook. The MACD shows a mildly bullish signal on the weekly timeframe, but the monthly remains bearish, which adds to the mixed signals. The Bollinger Bands are bullish on the weekly but mildly bearish on the monthly, further contributing to the overall uncertainty. The RSI and OBV show no clear trends, indicating a lack of momentum. Overall, the strength of the bearish stance is moderate, with some conflicting indicators suggesting caution.
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