Is Coliseum Acquisition Corp. technically bullish or bearish?
As of May 29, 2025, the market trend is mildly bearish due to daily moving averages and bearish indicators, despite some mixed signals from the weekly MACD and Dow Theory suggesting caution.
As of 29 May 2025, the technical trend has changed from sideways 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, creating a divergence in the short-term outlook. The weekly Bollinger Bands and KST are both bearish, further supporting the bearish sentiment. The Dow Theory presents a mildly bearish view on the weekly timeframe, contrasting with a mildly bullish stance on the monthly timeframe. Overall, the mixed signals suggest caution, with the bearish indicators currently holding more weight.
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