Is Exelixis, Inc. technically bullish or bearish?
As of May 1, 2024, Exelixis, Inc. has a mildly bullish technical trend, supported by positive MACD, Bollinger Bands, and KST indicators, though the On-Balance Volume shows a slightly bearish trend.
As of 1 May 2024, the technical trend for Exelixis, Inc. has changed from bullish to mildly bullish. The weekly and monthly MACD indicators are bullish, supporting a positive outlook. Additionally, Bollinger Bands and KST are also bullish on both time frames. The daily moving averages indicate a bullish stance as well. However, the On-Balance Volume (OBV) shows a mildly bearish trend on a monthly basis, which slightly tempers the overall bullish sentiment. The RSI shows no signals on both weekly and monthly charts. Overall, the current technical stance is mildly bullish, driven primarily by the strong MACD, Bollinger Bands, and KST indicators.
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