Is Digital World Acquisition Corp. technically bullish or bearish?

Jun 25 2025 09:13 AM IST
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As of April 22, 2025, Digital World Acquisition Corp. shows a mildly bearish trend, supported by bearish MACD and moving averages, though there is some divergence with a mildly bullish KST indicator.
As of 22 April 2025, the technical trend for Digital World Acquisition Corp. has changed from bearish to mildly bearish. The current stance is mildly bearish with key indicators supporting this view. The MACD is bearish on both the weekly and monthly time-frames, while the Bollinger Bands indicate a mildly bearish trend weekly and bearish monthly. Moving averages on the daily time-frame also reflect a bearish sentiment. However, the KST shows a mildly bullish stance weekly and bullish monthly, which adds some divergence to the overall bearish outlook. Dow Theory indicates a mildly bearish trend weekly but a mildly bullish trend monthly. Overall, the strength of the bearish sentiment is moderate, influenced primarily by the MACD and moving averages.
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