Is CorMedix, Inc. technically bullish or bearish?

Jun 25 2025 08:39 AM IST
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As of May 6, 2025, the market trend is bullish, supported by strong indicators like bullish MACD, Bollinger Bands, and moving averages across multiple time frames, along with a significant price increase.
As of 6 May 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands also indicate a bullish trend in both time frames. Daily moving averages are bullish, and the KST is bullish on both weekly and monthly charts. Although the Dow Theory shows a mildly bullish stance on the weekly and monthly, the overall strength is reinforced by the bullish OBV on the monthly. The significant price increase from the previous close to the current price further supports the bullish outlook.
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