Is Chijet Motor Co., Inc. technically bullish or bearish?
As of March 20, 2024, the technical trend is mildly bearish, driven by daily moving averages, despite some bullish signals from weekly indicators like MACD and KST.
As of 20 March 2024, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, primarily driven by the daily moving averages indicating bearish momentum. While the weekly MACD and KST show mildly bullish signals, the overall sentiment is tempered by the weekly Dow Theory also reflecting a mildly bearish outlook. The Bollinger Bands present a mixed picture with a bullish weekly stance but a mildly bearish monthly view. The RSI shows no signal on the weekly timeframe, contributing to the neutral sentiment. Overall, the strength of the bearish stance is supported by the daily moving averages, despite some bullish indicators on longer time frames.
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