Is Appian Corp. technically bullish or bearish?

Jun 25 2025 08:39 AM IST
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As of June 10, 2025, the technical trend has shifted to mildly bearish, driven by bearish signals from the weekly MACD and daily moving averages, despite some bullish indications from monthly indicators.
As of 10 June 2025, the technical trend has changed from mildly bullish to mildly bearish. The current technical stance is mildly bearish, driven primarily by the weekly MACD indicating bearish momentum and the daily moving averages also showing bearish signals. While the monthly MACD and RSI suggest some bullishness, the overall weekly indicators, including Bollinger Bands and Dow Theory, reinforce the bearish outlook. The stock has underperformed significantly against the S&P 500 over multiple time frames, further supporting the bearish sentiment.
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