Is Apellis Pharmaceuticals, Inc. technically bullish or bearish?
As of June 5, 2025, the market trend is mildly bearish, influenced by daily moving averages and Bollinger Bands indicating bearish momentum, while mixed signals from weekly and monthly MACD and KST suggest some counterbalance.
As of 5 June 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 bearish momentum and the weekly Bollinger Bands also showing a bearish signal. While the MACD on the weekly timeframe is mildly bullish, the monthly MACD remains bearish, suggesting mixed signals. The KST indicates mild bullishness on the weekly but is bearish monthly, further contributing to the overall mildly bearish outlook. The RSI shows no signals in both weekly and monthly timeframes, indicating a lack of momentum. Overall, the strength of the bearish sentiment is supported by the daily moving averages and Bollinger Bands, while the weekly indicators provide some counterbalance.
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