Is Conduit Pharmaceuticals, Inc. technically bullish or bearish?

Jun 25 2025 09:25 AM IST
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As of June 10, 2025, the market trend is mildly bearish, driven by bearish daily moving averages and indicators like KST and Dow Theory, despite some mildly bullish signals from MACD; overall sentiment remains weak due to bearish Bollinger Bands and a neutral RSI.
As of 10 June 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is bearish with moderate strength. Key indicators driving this include the daily moving averages which are bearish, and the weekly KST and Dow Theory both indicating bearish signals. While the MACD shows mildly bullish conditions on both weekly and monthly time frames, the overall sentiment is dampened by the bearish readings from Bollinger Bands and the OBV showing a mildly bearish trend on the monthly chart. The RSI is neutral on the weekly timeframe, contributing to a lack of strong bullish momentum.
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