Is Bannix Acquisition Corp. technically bullish or bearish?

Jun 25 2025 09:09 AM IST
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As of June 16, 2025, Bannix Acquisition Corp. shows a bullish trend supported by strong MACD and moving averages, while Bollinger Bands and KST also indicate bullishness, despite mixed signals from RSI and Dow Theory.
As of 16 June 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance for Bannix Acquisition Corp. is bullish with strong indicators supporting this view. The weekly and monthly MACD readings are bullish, and the daily moving averages also confirm a bullish trend. Additionally, the Bollinger Bands indicate a bullish stance on both weekly and monthly time frames. The KST is bullish on both weekly and monthly, reinforcing the positive outlook. However, the RSI shows no signal, and Dow Theory indicates no trend on both weekly and monthly charts. Overall, the strength of the bullish trend is supported by multiple indicators, despite some mixed signals in others.
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