Is EUDA Health Holdings Ltd. technically bullish or bearish?
As of May 15, 2025, the market trend is mildly bearish, indicated by bearish signals from the weekly MACD and Bollinger Bands, despite mixed monthly indicators, with the stock down 4.79% in the last month and 20% year-to-date.
As of 15 May 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly MACD and Bollinger Bands indicating bearish signals, while the daily moving averages also reflect a bearish trend. The monthly indicators show a mixed picture with the MACD and Bollinger Bands mildly bullish, but the Dow Theory suggests a mildly bearish outlook. Overall, the strength of the bearish sentiment is reinforced by the recent price action, with the stock down 4.79% over the past month and a significant decline of 20% year-to-date.
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