Is Evoke Pharma, Inc. technically bullish or bearish?

Sep 20 2025 07:48 PM IST
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As of September 2, 2025, Evoke Pharma, Inc. shows a mildly bullish trend despite mixed signals, with a bullish MACD and moving averages, but a bearish weekly RSI and underperformance against the S&P 500 in the short term.
As of 2 September 2025, the technical trend for Evoke Pharma, Inc. has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on the weekly timeframe and mildly bullish signals from both the Bollinger Bands and moving averages on the daily timeframe. However, the weekly RSI is bearish, and the Dow Theory indicates a mildly bearish trend.

In terms of performance, the stock has underperformed the S&P 500 over the past week and month, with returns of -1.93% and -14.77% respectively, while it has outperformed on a year-to-date and one-year basis with returns of 14.93% and 19.81%. Overall, the mixed signals suggest caution despite the mildly bullish trend.
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Our weekly and monthly stock recommendations are here
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