Is Cargo Therapeutics, Inc. technically bullish or bearish?
As of June 20, 2025, the market trend is mildly bearish, indicated by daily moving averages and Dow Theory, despite mixed signals from the MACD and RSI across different time frames.
As of 20 June 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the weekly Dow Theory also reflecting a mildly bearish outlook. The MACD on the weekly is mildly bullish, but this is offset by the overall bearish sentiment in the daily indicators. The RSI shows no signal on the weekly, while the monthly is bullish, suggesting mixed signals across different time frames. Overall, the strength of the bearish stance is supported by the daily moving averages and the Dow Theory.
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