Is Aqua Metals, Inc. technically bullish or bearish?
As of June 18, 2025, the market trend is bearish, dominated by negative indicators despite some mixed signals from the MACD and RSI, with significant underperformance compared to the S&P 500.
As of 18 June 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with a strong indication of weakness. The daily moving averages are bearish, which aligns with the bearish signals from the weekly KST and Dow Theory. Although the weekly and monthly MACD shows mildly bullish readings, the overall trend is dominated by bearish indicators, including the Bollinger Bands and the lack of trend in the OBV. The RSI shows no signal on the weekly timeframe but is bullish on the monthly, indicating mixed signals. Overall, the bearish trend is reinforced by significant declines in stock performance compared to the S&P 500 across multiple timeframes.
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