Is Brenmiller Energy Ltd. technically bullish or bearish?
As of June 20, 2025, Brenmiller Energy Ltd. shows a mildly bearish trend with mixed indicators, including bullish weekly MACD and bearish weekly RSI, suggesting potential for recovery despite short-term weakness.
As of 20 June 2025, the technical trend for Brenmiller Energy Ltd. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by a mix of indicators. The weekly MACD is bullish, while the monthly MACD is mildly bullish, suggesting some upward momentum. However, the weekly RSI is bearish, indicating weakness in the short term. Moving averages on the daily chart are mildly bearish, and the KST shows a bearish signal on the weekly but mildly bullish on the monthly. Bollinger Bands reflect a mildly bullish stance on the weekly but mildly bearish on the monthly. Dow Theory supports a mildly bullish outlook on both weekly and monthly time frames. Overall, the mixed signals indicate a mildly bearish sentiment with some potential for recovery.
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