Is Direct Selling Acquisition Corp. technically bullish or bearish?

Jun 25 2025 09:14 AM IST
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As of June 17, 2025, Direct Selling Acquisition Corp. shows a bullish technical trend supported by strong indicators like a bullish MACD and RSI, despite some caution from Dow Theory's bearish monthly trend.
As of 17 June 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and the RSI is bullish on the weekly, indicating positive momentum. The Bollinger Bands show a mildly bullish stance on the weekly and bullish on the monthly, suggesting price strength. Daily moving averages are also bullish, reinforcing the upward trend. However, Dow Theory indicates a bearish monthly trend, which adds some caution. Overall, the strength of the bullish indicators outweighs the bearish signals, positioning Direct Selling Acquisition Corp. favorably in the market.
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