Is Energem Corp. technically bullish or bearish?
As of June 20, 2025, Energem Corp. is in a bearish trend with weak momentum, supported by bearish indicators across multiple timeframes, including MACD, moving averages, and Bollinger Bands.
As of 20 June 2025, the technical trend for Energem Corp. has changed from mildly bearish to bearish. The current stance is bearish with a strong indication of weakness. The weekly MACD is mildly bullish, but the monthly MACD and moving averages are bearish, indicating a lack of sustained upward momentum. The Bollinger Bands are sideways on the weekly chart and bearish on the monthly, further supporting the bearish outlook. Additionally, the KST is bearish on the weekly timeframe, and Dow Theory shows a bearish trend on the monthly. Overall, the combination of these indicators suggests a bearish sentiment with significant downside risk.
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