Is Cue Health, Inc. technically bullish or bearish?
As of July 8, 2024, the market trend is mildly bearish, indicated by daily moving averages and monthly RSI, despite some mildly bullish signals from the weekly MACD and KST, suggesting caution due to the overall bearish sentiment.
As of 8 July 2024, 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 sentiment and the monthly RSI showing a bearish condition. While the weekly MACD and KST are mildly bullish, they are not strong enough to counter the overall bearish indicators. The Bollinger Bands on a weekly basis also reflect a mildly bearish outlook. Overall, the mixed signals suggest caution, with a predominance of bearish indicators.
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