Is Biomea Fusion, Inc. technically bullish or bearish?
As of June 3, 2025, Biomea Fusion, Inc. exhibits a mildly bearish trend due to daily moving averages and weekly RSI indicating bearish momentum, despite some mildly bullish signals from the weekly MACD.
As of 3 June 2025, the technical trend for Biomea Fusion, Inc. has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating bearish momentum and the weekly RSI showing bearish conditions. The weekly MACD is mildly bullish, but this is offset by the monthly MACD and KST both being bearish. Additionally, the Bollinger Bands on the weekly chart are bearish, and Dow Theory also reflects a mildly bearish outlook. Overall, while there are some mildly bullish signals on the weekly timeframe, the prevailing indicators suggest a bearish sentiment in the current market environment.
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