Is Exagen, Inc. technically bullish or bearish?
As of May 8, 2024, the trend is mildly bearish with weak strength, indicated by a bullish MACD but a bearish RSI, while moving averages and Bollinger Bands show mixed signals, suggesting a cautious outlook despite some bullish indicators.
As of 8 May 2024, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish with a weak strength. Key indicators include a bullish MACD on both weekly and monthly time frames, but a bearish RSI on the weekly suggests underlying weakness. Moving averages are bullish on the daily, while Bollinger Bands indicate mildly bullish conditions on the weekly and bullish on the monthly. Dow Theory also reflects a mildly bullish stance on both weekly and monthly. Overall, despite some bullish indicators, the bearish RSI and the recent price decline point to a cautious outlook.
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