Is cbdMD, Inc. technically bullish or bearish?
As of June 11, 2025, the technical outlook has shifted to bearish, supported by bearish daily moving averages and KST indicators, despite a mildly bullish MACD, with overall sentiment weakened by Bollinger Bands and underperformance against the S&P 500.
As of 11 June 2025, the technical trend has changed from mildly bullish to bearish. The current technical stance is bearish, with a moderate strength indicated by the daily moving averages being bearish and the KST on both weekly and monthly time frames also bearish. While the MACD remains mildly bullish on the weekly and monthly time frames, the overall sentiment is dampened by the Bollinger Bands signaling mildly bearish on the weekly and bearish on the monthly. The RSI shows no signals, and Dow Theory indicates no trend in both weekly and monthly perspectives. Given the significant underperformance against the S&P 500 over various time frames, the bearish outlook is reinforced.
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