Is Edoc Acquisition Corp. technically bullish or bearish?

Jun 25 2025 09:07 AM IST
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As of June 6, 2025, the market trend is mildly bearish, indicated by bearish daily moving averages and weekly Bollinger Bands, despite some mixed signals from the MACD, RSI, and KST.
As of 6 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish outlook and the weekly Bollinger Bands also showing a mildly bearish trend. While the MACD is mildly bullish on both weekly and monthly time frames, the overall indicators suggest weakness. The RSI is bullish on the weekly but shows no signal on the monthly, further contributing to the mixed signals. The KST is bearish weekly but mildly bullish monthly, and the Dow Theory indicates a mildly bearish stance on the weekly. Overall, the strength of the bearish sentiment is moderate, with some bullish indicators present but not strong enough to shift the overall view to neutral or bullish.
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