Is CVRx, Inc. technically bullish or bearish?
As of April 22, 2025, CVRx, Inc. is in a bearish trend, indicated by negative MACD, Bollinger Bands, and moving averages, along with significant underperformance compared to the S&P 500.
As of 22 April 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for CVRx, Inc. is bearish with a strong indication of weakness. Key indicators driving this stance include a bearish MACD on both weekly and monthly time-frames, bearish Bollinger Bands, and bearish moving averages on the daily chart. Additionally, the KST is bearish on both weekly and monthly time-frames, reinforcing the overall bearish sentiment. The stock has also underperformed significantly compared to the S&P 500 over various periods, further indicating weakness in the stock's performance.
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