Is byNordic Acquisition Corp. technically bullish or bearish?

Sep 20 2025 08:10 PM IST
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As of September 2, 2025, byNordic Acquisition Corp. shows a mildly bullish trend with positive momentum from MACD indicators, but mixed signals from RSI and KST suggest caution, and the stock has underperformed compared to the S&P 500 year-to-date.
As of 2 September 2025, the technical trend for byNordic Acquisition Corp. has changed from bullish to mildly bullish. The weekly MACD is bullish, while the monthly MACD is also bullish, indicating positive momentum. However, the weekly and monthly RSI readings are bearish, suggesting weakening price strength. The Bollinger Bands show a mildly bullish stance on both weekly and monthly time frames. Daily moving averages are bullish, but the KST indicates a mildly bearish trend on the weekly. Dow Theory and OBV show no trend in both weekly and monthly assessments.

In terms of performance, the stock has underperformed compared to the S&P 500 across various periods, with a year-to-date return of 7.27% versus the S&P 500's 12.22%, and a one-year return of 7.55% compared to 17.14%. Overall, the current technical stance is mildly bullish but with caution due to mixed indicators.
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Our weekly and monthly stock recommendations are here
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