Is Blade Air Mobility, Inc. technically bullish or bearish?

Jun 25 2025 09:11 AM IST
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As of May 27, 2025, the technical trend is mildly bullish, supported by positive MACD and Bollinger Bands on weekly and monthly charts, despite some bearish signals from daily moving averages.
As of 27 May 2025, the technical trend has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting a positive outlook, while the monthly MACD is mildly bullish, indicating some strength. Bollinger Bands are also showing a mildly bullish stance on the weekly chart and bullish on the monthly. However, daily moving averages are mildly bearish, which tempers the overall sentiment. The KST is bullish on both weekly and monthly time frames, reinforcing the bullish view. Dow Theory presents a mixed picture with a mildly bearish weekly stance but a mildly bullish monthly outlook. Overall, the current technical stance is mildly bullish, driven primarily by the MACD and Bollinger Bands, despite some bearish signals from daily moving averages.
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