Is Confluent, Inc. technically bullish or bearish?
As of May 27, 2025, the market trend is mildly bearish, supported by daily moving averages and Bollinger Bands, despite mixed signals from the MACD and RSI indicating indecision in momentum.
As of 27 May 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the Bollinger Bands showing a bearish signal on the weekly timeframe. While the MACD is mildly bullish on both weekly and monthly charts, the KST and Dow Theory are also indicating a mildly bearish stance on the weekly and monthly levels. The RSI shows no signal, suggesting indecision in momentum. Overall, the mixed signals indicate a lack of strong bullish momentum, reinforcing the mildly bearish outlook.
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