Is CorVel Corp. technically bullish or bearish?
As of June 17, 2025, CorVel Corp's technical trend has shifted to mildly bearish, indicated by bearish MACD, moving averages, KST, and OBV across various timeframes, despite some divergence in Bollinger Bands.
As of 17 June 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD is bearish on the weekly timeframe and mildly bearish on the monthly. Moving averages on the daily are also bearish. The KST and OBV are bearish on the weekly and mildly bearish on the monthly. While Bollinger Bands show a mildly bearish signal on the weekly, they are mildly bullish on the monthly, indicating some divergence. Overall, the lack of strong bullish signals and the predominance of bearish indicators suggest a cautious outlook for CorVel Corp.
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