Is BYND Cannasoft Enterprises, Inc. technically bullish or bearish?
As of January 10, 2024, BYND Cannasoft Enterprises, Inc. is in a bearish trend with moderate strength, driven by bearish daily moving averages, a bearish weekly RSI, and bearish Bollinger Bands, despite a mildly bullish MACD on longer time frames.
As of 10 January 2024, the technical trend for BYND Cannasoft Enterprises, Inc. has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the daily moving averages indicating a bearish trend, the weekly RSI showing bearish momentum, and the weekly Bollinger Bands also reflecting a bearish condition. Although the MACD is mildly bullish on both weekly and monthly time frames, the overall bearish signals from other indicators suggest a prevailing negative sentiment.
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