Is Electromed, Inc. technically bullish or bearish?
As of May 5, 2025, the technical trend has shifted to mildly bearish due to bearish signals from the MACD, moving averages, and Bollinger Bands, despite a bullish weekly RSI.
As of 5 May 2025, the technical trend has changed from mildly bullish to mildly bearish. The current technical stance is mildly bearish, driven primarily by the bearish MACD on the weekly timeframe and the bearish moving averages on the daily timeframe. The weekly KST is also bearish, while the Bollinger Bands indicate a mildly bearish outlook. Although the weekly RSI remains bullish, the overall indicators suggest a weakening trend. The Dow Theory shows a mildly bullish stance on the weekly but lacks a clear trend on the monthly.
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