Is Banzai International, Inc. technically bullish or bearish?
As of May 16, 2025, the trend is mildly bearish due to daily moving averages and weekly KST showing bearish momentum, despite some bullish signals from weekly and monthly MACD and a bullish monthly RSI.
As of 16 May 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and the weekly KST showing bearish signals. However, the weekly and monthly MACD are mildly bullish, suggesting some potential for upward movement. The RSI on a monthly basis is bullish, but the overall picture remains clouded by bearish signals from Bollinger Bands and Dow Theory on the monthly time frame. Thus, while there are some bullish indicators, the prevailing trend leans mildly bearish.
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