Is Eos Energy Enterprises, Inc. technically bullish or bearish?

Jun 25 2025 09:08 AM IST
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As of May 29, 2025, the trend is mildly bullish due to daily moving averages and Dow Theory support, but caution is advised due to mixed signals from weekly MACD, KST, and Bollinger Bands.
As of 29 May 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating mild bullishness and the Dow Theory also supporting a mildly bullish outlook on both weekly and monthly time frames. However, the weekly MACD and KST are mildly bearish, which tempers the overall bullish sentiment. The Bollinger Bands show a bearish signal on the weekly chart but bullish on the monthly, creating a mixed picture. Overall, while there are some bullish indicators, the presence of bearish signals in the weekly timeframe suggests caution.
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