Is Eastside Distilling, Inc. technically bullish or bearish?
As of June 18, 2025, the technical trend is bearish with weak strength, supported by daily moving averages and Bollinger Bands, despite some mildly bullish signals from the weekly MACD and KST, indicating divergence across time frames.
As of 18 June 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with weak strength. Key indicators include daily moving averages indicating a bearish trend, while the weekly MACD and KST show mildly bullish signals, suggesting some divergence in time frames. However, the overall bearish sentiment is reinforced by the Bollinger Bands and Dow Theory on both weekly and monthly charts, which are also mildly bearish. The stock has significantly underperformed against the S&P 500 over various periods, further supporting the bearish outlook.
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