Is Cartesian Growth Corp. II technically bullish or bearish?

Jun 25 2025 09:17 AM IST
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As of June 2, 2025, the trend is mildly bullish due to daily moving averages, but mixed signals from weekly MACD, RSI, and Dow Theory suggest caution.
As of 2 June 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating bullish momentum. However, the weekly MACD and RSI are both mildly bearish, suggesting some weakness in the short-term trend. The Bollinger Bands are showing a mildly bullish signal on both weekly and monthly time frames, which supports the overall mildly bullish outlook. The Dow Theory indicates a bearish trend on the monthly level, adding a cautionary note. Overall, the strength of the bullish stance is tempered by mixed signals from other indicators.
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