Is Chavant Capital Acquisition Corp. technically bullish or bearish?

Jun 25 2025 09:15 AM IST
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As of June 17, 2025, the trend is mildly bearish, with daily moving averages showing bearish momentum, while weekly MACD indicates mild bullishness, but overall indicators suggest underperformance compared to the S&P 500.
As of 17 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum, while the weekly MACD shows a mildly bullish signal. However, the Bollinger Bands and KST on a monthly basis remain bearish and mildly bearish, respectively. The Dow Theory indicates no trend on a weekly basis and mildly bearish on a monthly basis, further supporting the overall mildly bearish outlook. The stock has significantly underperformed compared to the S&P 500 across multiple time frames, particularly year-to-date and over the past year.
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