Is Cetus Capital Acquisition Corp. technically bullish or bearish?
As of June 9, 2025, the market trend is mildly bearish, indicated by bearish daily moving averages and weekly Bollinger Bands, despite some mild bullish signals from the MACD and KST, with overall monthly indicators not supporting a strong bullish case.
As of 9 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The daily moving averages are bearish, and the weekly Bollinger Bands also indicate a bearish trend. While the weekly MACD and KST show mild bullishness, the overall monthly indicators do not support a strong bullish case, with the monthly Bollinger Bands remaining bearish. The Dow Theory presents a mixed view with a mildly bearish weekly stance and a mildly bullish monthly perspective. The stock has significantly underperformed compared to the S&P 500 across multiple time frames, further reinforcing the bearish outlook.
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