Is Colombier Acquisition Corp. II technically bullish or bearish?

Jun 25 2025 09:25 AM IST
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As of June 4, 2025, the market trend has shifted to bullish, supported by a bullish MACD, RSI, and moving averages, despite a bearish monthly RSI, with a strong year-to-date return of 23.4%.
As of 4 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD and RSI on the weekly timeframe, along with bullish moving averages on the daily timeframe. The Dow Theory indicates a mildly bullish weekly trend, while the Bollinger Bands show a mildly bullish signal as well. Despite a bearish monthly RSI, the overall technical picture remains positive, supported by a strong year-to-date return of 23.4% compared to the S&P 500's 2.44%.
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