Is Brilliant Earth Group, Inc. technically bullish or bearish?
As of May 7, 2025, the market trend is mildly bearish, indicated by bearish daily moving averages and Bollinger Bands, despite some mildly bullish signals from MACD and OBV, suggesting a lack of strong bullish momentum.
As of 7 May 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by daily moving averages indicating bearish momentum and Bollinger Bands showing a bearish signal on both weekly and monthly time frames. While the MACD is mildly bullish on both weekly and monthly charts, the overall indicators suggest a lack of strong bullish momentum. The KST is mildly bullish weekly but bearish monthly, and the OBV shows a mildly bullish trend monthly, indicating some accumulation. However, the lack of a clear trend in Dow Theory and the negative returns compared to the S&P 500 over multiple time frames further support the mildly bearish outlook.
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