Is e.l.f. Beauty, Inc. technically bullish or bearish?

Jun 25 2025 08:32 AM IST
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As of April 28, 2025, the market trend is mildly bearish, influenced by daily moving averages and mixed signals from weekly and monthly indicators, despite some bullish signs from the Dow Theory.
As of 28 April 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a mildly bearish position, while the weekly MACD and Bollinger Bands show bullish signals. However, the weekly RSI is bearish, and the monthly MACD remains bearish, suggesting mixed signals across different time frames. The Dow Theory indicates a mildly bullish stance on both weekly and monthly charts, but overall, the prevailing indicators lean towards a mildly bearish outlook.
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