Is Applied Digital Corp. technically bullish or bearish?

Jun 25 2025 08:48 AM IST
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As of June 2, 2025, the trend has shifted to mildly bullish, supported by positive signals from the MACD and Bollinger Bands, though tempered by some bearish indicators in daily moving averages and Dow Theory, resulting in a moderate overall bullish outlook.
As of 2 June 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by bullish signals in the weekly and monthly MACD, as well as bullish Bollinger Bands on both time frames. The KST indicates a bullish trend in both weekly and monthly views. However, the daily moving averages and Dow Theory show mildly bearish signals, which temper the overall bullish outlook. The RSI is neutral with no signals on both weekly and monthly charts, and the OBV shows no trend on the weekly but is bullish monthly. Overall, the strength of the bullish stance is moderate, influenced by the mixed signals across different indicators.
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