Is Cantaloupe, Inc. technically bullish or bearish?
As of June 5, 2025, the trend has shifted to mildly bullish, supported by positive MACD and KST signals, though caution is advised due to a bearish RSI on the weekly and mildly bearish daily moving averages.
As of 5 June 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by bullish signals from the MACD and KST on both weekly and monthly time-frames. The Bollinger Bands indicate a mildly bullish trend on the weekly and a bullish trend on the monthly. However, the RSI shows a bearish signal on the weekly, which tempers the overall bullish outlook. The daily moving averages remain mildly bearish, suggesting caution in the short term. Overall, the strength of the bullish sentiment is moderate, influenced by the mixed signals across different indicators.
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