Is EVgo, Inc. technically bullish or bearish?
As of May 29, 2025, EVgo, Inc. shows a mildly bullish trend supported by positive MACD and KST indicators, although caution is warranted due to mildly bearish daily moving averages.
As of 29 May 2025, the technical trend for EVgo, Inc. has changed from sideways to mildly bullish. The weekly and monthly MACD indicators are both mildly bullish, supporting the positive trend. Bollinger Bands also indicate a mildly bullish stance on both time frames. However, daily moving averages are mildly bearish, which introduces some caution. The KST is bullish on both weekly and monthly charts, while the Dow Theory shows a mixed view with weekly readings being mildly bearish and monthly readings mildly bullish. Overall, the current technical stance is mildly bullish, driven primarily by the MACD and KST indicators, despite some bearish signals from moving averages.
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