Is BlueRiver Acquisition Corp. technically bullish or bearish?
As of April 1, 2025, BlueRiver Acquisition Corp. shows a mildly bearish trend due to bearish signals in MACD and KST, despite some mildly bullish daily moving averages.
As of 1 April 2025, the technical trend for BlueRiver Acquisition Corp. has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven primarily by bearish signals in the MACD and KST on both weekly and monthly time frames. Bollinger Bands also indicate a mildly bearish outlook. While the daily moving averages show a mildly bullish signal, this is outweighed by the overall bearish indicators. The Dow Theory presents a mixed view with a mildly bullish weekly signal but a bearish monthly signal. Overall, the strength of the bearish stance is reinforced by the lack of positive momentum in the RSI and the absence of trends in OBV.
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