Is BuzzFeed, Inc. technically bullish or bearish?
As of October 1, 2023, BuzzFeed, Inc. is in a bearish trend, indicated by negative MACD, Bollinger Bands, and moving averages, with a year-to-date return of -28.09% compared to the S&P 500's 12.22%.
As of 1 October 2023, the technical trend for BuzzFeed, Inc. is bearish. Key indicators driving this stance include a bearish MACD on the weekly timeframe, bearish Bollinger Bands on both weekly and monthly timeframes, and bearish moving averages on the daily timeframe. Additionally, the KST is bearish weekly and mildly bearish monthly, while the OBV shows a mildly bearish signal weekly but mildly bullish monthly. In terms of performance, BuzzFeed has underperformed the S&P 500 across multiple periods, with a year-to-date return of -28.09% compared to the S&P 500's 12.22%, and a one-year return of -30.18% versus 17.14% for the index.
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