Is Edgewise Therapeutics, Inc. technically bullish or bearish?
As of June 3, 2025, the market trend is mildly bearish, influenced by daily moving averages and monthly MACD signals, despite some bullish indicators on the weekly timeframe.
As of 3 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and the monthly MACD showing a mildly bearish signal. The weekly RSI is bullish, but the overall trend is tempered by the bearish signals from Bollinger Bands and the monthly KST. The Dow Theory also reflects a mildly bearish outlook on the weekly timeframe. Despite some bullish indicators on the weekly timeframe, the prevailing sentiment remains bearish due to the stronger bearish signals in longer timeframes.
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