Is Edgio, Inc. technically bullish or bearish?

Jun 25 2025 08:37 AM IST
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As of November 18, 2024, the market trend is mildly bearish, influenced by daily moving averages and Bollinger Bands, despite some short-term bullish indicators from the weekly MACD and RSI.
As of 18 November 2024, the technical trend has changed from bearish to mildly bearish. The current technical stance is mildly bearish, driven by the daily moving averages indicating a bearish outlook and the Bollinger Bands showing a mildly bearish trend on both weekly and monthly time frames. However, the weekly MACD and KST are mildly bullish, suggesting some positive momentum in the short term. The RSI is bullish on the weekly timeframe, but there is no signal on the monthly. Overall, while there are some bullish indicators, the prevailing sentiment remains mildly bearish due to the daily and monthly moving averages and the Dow Theory indicating a bearish trend.
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