Is Bellevue Life Sciences Acquisition Corp. technically bullish or bearish?
As of May 8, 2024, the trend is bullish with mixed strength indicators, showing caution due to bearish signals in moving averages and Bollinger Bands despite a mildly bullish weekly MACD and RSI.
As of 8 May 2024, the technical trend has changed from mildly bullish to bullish. The current stance is bullish but with mixed strength indicators. The weekly MACD is mildly bullish, while the monthly MACD shows no signal. The RSI on the monthly timeframe is bullish, but there is no signal on the weekly. Moving averages indicate a bearish trend on the daily, and the Bollinger Bands are bearish on both weekly and monthly timeframes. The KST is mildly bullish weekly, while Dow Theory shows a mildly bullish weekly stance but bearish monthly. Overall, the mixed signals suggest caution despite the bullish trend change.
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