Is ExcelFin Acquisition Corp. technically bullish or bearish?
As of June 13, 2025, the market trend is mildly bearish, influenced by daily moving averages and monthly MACD showing bearish conditions, despite some short-term strength indicated by the weekly MACD and mixed signals from other indicators.
As of 13 June 2025, the technical trend has changed from bearish to mildly bearish. The current technical stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment and the monthly MACD showing a bearish condition. The weekly MACD is mildly bullish, which suggests some short-term strength, but this is offset by the monthly indicators. The Bollinger Bands reflect a mildly bullish stance on the weekly timeframe but are mildly bearish on the monthly. Overall, the lack of a clear trend in Dow Theory and mixed signals from the RSI and OBV further support the mildly bearish outlook.
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