Is Avrobio, Inc. technically bullish or bearish?
As of June 11, 2025, the market trend has shifted to mildly bearish, indicated by bearish daily moving averages and Bollinger Bands, despite mixed signals from the MACD and Dow Theory.
As of 11 June 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and the Bollinger Bands showing bearish signals on both weekly and monthly time frames. The MACD is mildly bullish on the weekly but bearish on the monthly, suggesting mixed signals. The Dow Theory indicates a mildly bearish stance on the weekly while being mildly bullish on the monthly, adding to the uncertainty. Overall, the strength of the bearish trend is supported by the recent price action, with a significant drop from the previous close.
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