Is Data Pattern technically bullish or bearish?
As of August 8, 2025, the technical trend has shifted to mildly bearish, supported by bearish signals from the weekly MACD, RSI, and Bollinger Bands, despite some daily moving averages indicating mild bullishness.
As of 8 August 2025, the technical trend has changed from mildly bullish to mildly bearish. The current technical stance is mildly bearish, driven by the weekly MACD and RSI both indicating bearish momentum. The Bollinger Bands also reflect a bearish outlook on both weekly and monthly time frames. Although daily moving averages show a mildly bullish signal, the overall trend is influenced by the weekly indicators, including the Dow Theory and KST, both of which are mildly bearish. The stock has experienced significant declines over the past month and year, further supporting the bearish sentiment.
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