Is Eg Acquisition Corp. technically bullish or bearish?

Jun 25 2025 09:12 AM IST
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As of June 4, 2025, the technical trend has shifted to a bearish stance, supported by bearish MACD, moving averages, and signals from KST and Dow Theory, despite a mildly bullish OBV on the monthly timeframe.
As of 4 June 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include a bearish MACD on the weekly timeframe, bearish moving averages on the daily timeframe, and bearish signals from both the KST and Dow Theory on the weekly and monthly timeframes. Additionally, Bollinger Bands are indicating a mildly bearish trend on the weekly and bearish on the monthly. Despite a mildly bullish OBV on the monthly, the overall technical picture remains negative.
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