Is Elicio Therapeutics, Inc. technically bullish or bearish?
As of June 17, 2025, the market trend is bullish, supported by positive daily moving averages and a bullish weekly MACD, despite some mixed signals from the KST and Dow Theory indicating a mildly bullish trend.
As of 17 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with a strong indication from the daily moving averages, which are bullish. The weekly MACD is also bullish, supporting the overall positive trend. The Bollinger Bands indicate a bullish condition on the monthly timeframe, while the KST shows a bearish signal on the weekly but mildly bullish on the monthly, suggesting some mixed signals in the short term. The Dow Theory indicates a mildly bullish trend on the monthly timeframe. Overall, the strength of the bullish stance is reinforced by the significant price movements, with a current price of 8.02, up from a 52-week low of 0.08.
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