Is Forbion European Acquisition Corp. technically bullish or bearish?

Jun 25 2025 09:16 AM IST
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As of June 4, 2025, Forbion European Acquisition Corp. is in a bearish trend with moderate strength, supported by bearish indicators across weekly and monthly timeframes, despite a mildly bullish weekly MACD.
As of 4 June 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. The weekly MACD is mildly bullish, but the monthly MACD indicates a bearish trend. Both the weekly and monthly Bollinger Bands are bearish, and the daily moving averages confirm a bearish outlook. The KST is bearish on the weekly timeframe, and Dow Theory shows a mildly bearish stance on the weekly, with no trend on the monthly. Overall, the indicators suggest a prevailing bearish sentiment for Forbion European Acquisition Corp.
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