Is Datasea, Inc. technically bullish or bearish?
As of June 11, 2025, the market trend is mildly bearish due to bearish signals from daily moving averages and Bollinger Bands, despite some mixed bullish indicators on longer time frames.
As of 11 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and the weekly Dow Theory also reflecting a mildly bearish outlook. While the MACD and KST are mildly bullish on the weekly and monthly time frames, the overall sentiment is tempered by the bearish signals from the Bollinger Bands and the daily moving averages. The RSI shows no signal on the weekly but is bullish on the monthly, indicating mixed signals across different time frames. Overall, the bearish indicators are currently stronger, suggesting caution in the near term.
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