Is California Bancorp technically bullish or bearish?
As of October 1, 2023, California Bancorp shows strong bullish signals across multiple technical indicators, outperforming the S&P 500 in the short term but lagging behind on a year-to-date and three-year basis.
As of 1 October 2023, California Bancorp is technically bullish. The MACD is bullish on both weekly and monthly time frames, and Bollinger Bands also indicate a bullish stance in both periods. The moving averages are bullish on a daily basis, and the KST is bullish weekly and monthly. Additionally, the Dow Theory shows a mildly bullish trend in both weekly and monthly evaluations, while the OBV is bullish across both time frames. In terms of performance, California Bancorp has outperformed the S&P 500 over the past week (2.02% vs. 1.05%) and month (10.25% vs. 2.33%), but has lagged behind on a year-to-date basis (6.65% vs. 12.22%) and over the past three years (12.00% vs. 70.41%). Overall, the current technical indicators suggest a strong bullish sentiment.
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