Is Chicken Soup for the Soul Entertainment, Inc. technically bullish or bearish?
As of October 15, 2024, the market trend is mildly bearish, indicated by daily moving averages and tempered by weekly Bollinger Bands, despite some mild bullish signals from the MACD and KST.
As of 15 October 2024, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish outlook. While the weekly MACD and KST show mild bullishness, the overall sentiment is tempered by the weekly Bollinger Bands also indicating a mildly bearish trend. The lack of significant signals from the RSI and Dow Theory suggests uncertainty in the market direction. Overall, the strength of the bearish stance is moderate, influenced by the daily indicators.
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