Is Global Lights Acquisition Corp. technically bullish or bearish?
As of June 13, 2025, the market trend is mildly bearish, influenced by bearish signals from the weekly MACD, Bollinger Bands, and Dow Theory, despite a mildly bullish daily moving average.
As of 13 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly MACD and Bollinger Bands both indicating a bearish outlook, alongside a bearish signal from Dow Theory. The daily moving averages show a mildly bullish trend, but this is overshadowed by the overall bearish indicators on the weekly time frame. The RSI and KST show no signals, and the OBV is mildly bearish on a monthly basis. Overall, the strength of the bearish sentiment is moderate, particularly in the weekly analysis.
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