Is Fortress Biotech, Inc. technically bullish or bearish?
As of June 17, 2025, the market trend is neutral with mixed signals, showing a shift from mildly bullish to sideways, as indicated by varying performances in MACD, moving averages, Bollinger Bands, KST, and Dow Theory.
As of 17 June 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed signals across different indicators. The weekly MACD is bullish, while the monthly MACD is mildly bullish, suggesting some upward momentum. However, the daily moving averages indicate a mildly bearish trend. The Bollinger Bands show a mildly bullish stance on the weekly chart but bearish on the monthly. The KST is bullish weekly and mildly bullish monthly, while Dow Theory presents a mildly bearish view weekly and mildly bullish monthly. Overall, the lack of strong signals from the RSI and OBV indicates indecision in the market, reinforcing the sideways trend.
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