Is Devvstream Corp. technically bullish or bearish?

Sep 20 2025 08:34 PM IST
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As of October 1, 2023, Devvstream Corp. shows a mixed but generally bearish technical stance, with conflicting MACD signals, bearish daily moving averages, and negative yearly returns, despite recent outperformance against the S&P 500 and bullish volume indicators suggesting potential for recovery.
As of 1 October 2023, the technical stance for Devvstream Corp. is mixed but leans towards bearish overall. The weekly MACD is mildly bullish, while the monthly MACD is bearish, indicating conflicting signals. The RSI shows no signal on the weekly timeframe but is bullish monthly, suggesting potential strength in the longer term. However, the daily moving averages are bearish, and both the weekly and monthly KST indicators are bearish as well. The Bollinger Bands are mildly bearish on both weekly and monthly timeframes.

In terms of volume, the OBV is bullish on both weekly and monthly periods, which could indicate accumulation despite the bearish trends.

Comparatively, the stock has returned 7.42% over the past week and month, outperforming the S&P 500's 1.05% and 2.33%, respectively. However, the year-to-date and one-year returns are significantly negative at -63.43% and -97.58%, respectively, underperforming the S&P 500. Overall, the technical indicators suggest a bearish outlook with some mixed signals that could indicate potential for recovery in the longer term.
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