Is Forian, Inc. technically bullish or bearish?
As of June 17, 2025, the market trend is mildly bearish, influenced by daily moving averages, despite some positive signals from weekly indicators like MACD and KST.
As of 17 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish sentiment. However, the weekly MACD and KST are showing mildly bullish signals, suggesting some underlying strength. The Bollinger Bands on a weekly basis are bullish, but the monthly view is mildly bearish. Overall, while there are some positive indicators on the weekly time frame, the prevailing sentiment remains mildly bearish due to the daily moving averages and the lack of strong signals from the RSI.
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