Is Bowen Acquisition Corp. technically bullish or bearish?
As of June 13, 2025, the trend is mildly bullish due to positive weekly MACD and KST indicators, despite a bearish weekly RSI and caution from Dow Theory, suggesting a cautious bullish outlook with moderate strength.
As of 13 June 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the weekly MACD and KST being bullish, while the daily moving averages also indicate a mildly bullish trend. However, the weekly RSI remains bearish, suggesting some weakness in momentum. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, indicating potential for upward movement, but the Dow Theory shows a bearish stance on the monthly chart, which adds caution. Overall, the mixed signals suggest a cautious bullish outlook with moderate strength.
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