Is CARA Therapeutics, Inc. technically bullish or bearish?
As of June 11, 2025, CARA Therapeutics, Inc. shows a strong bullish trend supported by positive indicators like the weekly MACD and daily moving averages, despite some caution from the Dow Theory's mildly bearish signal.
As of 11 June 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and the daily moving averages also confirm a bullish trend. While the monthly MACD is only mildly bullish, the KST on a weekly basis is bullish, further reinforcing the positive outlook. The Bollinger Bands indicate a mildly bullish stance on both weekly and monthly time frames. However, the Dow Theory shows a mildly bearish signal on the weekly chart, which suggests some caution. Overall, the strength of the bullish indicators outweighs the bearish signals, indicating a strong bullish sentiment in the current market for CARA Therapeutics, Inc.
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