Is CervoMed, Inc. technically bullish or bearish?
As of June 17, 2025, the technical trend is mildly bearish, indicated by bearish momentum from the weekly MACD and Bollinger Bands, a bearish monthly RSI, and overall declines in the stock over the past year and three years, despite some mildly bullish daily moving averages.
As of 17 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating bearish momentum and the weekly Bollinger Bands also signaling bearish conditions. The RSI on a monthly basis is bearish, reinforcing the negative outlook. Additionally, both the KST and Dow Theory show mildly bearish trends on a weekly basis. While the daily moving averages are mildly bullish, they are outweighed by the overall bearish indicators across longer time frames. The stock has experienced significant declines over the past year and three years, further supporting the bearish sentiment.
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