Is Forte Biosciences, Inc. technically bullish or bearish?

Jun 25 2025 09:05 AM IST
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As of June 20, 2025, the technical trend is mildly bullish, supported by weekly and monthly MACD and KST indicators, despite some caution from daily moving averages and mixed signals from Bollinger Bands.
As of 20 June 2025, the technical trend has changed from sideways to mildly bullish. The current technical stance is mildly bullish, supported by the weekly and monthly MACD, which both indicate a mildly bullish condition. The KST also shows bullish momentum on the weekly and mildly bullish on the monthly. Dow Theory confirms a mildly bullish stance across both time frames. However, the daily moving averages are mildly bearish, which introduces some caution. The Bollinger Bands present a mixed view, being mildly bullish weekly but mildly bearish monthly. Overall, while there are some conflicting signals, the prevailing indicators lean towards a mildly bullish outlook.
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