Is Graphite Bio, Inc. technically bullish or bearish?

Jun 25 2025 09:07 AM IST
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As of May 9, 2024, the market trend is neutral with a balance in momentum, showing bullish indicators on weekly and monthly charts but tempered by a mildly bearish Dow Theory stance and uncertainty from RSI and OBV signals.
As of 9 May 2024, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, reflecting a balance in momentum. Key indicators include a bullish MACD on the weekly and monthly time frames, alongside bullish Bollinger Bands and KST readings. However, the Dow Theory indicates a mildly bearish stance on the weekly, which tempers the overall outlook. The daily moving averages remain bullish, suggesting potential short-term strength, but the lack of clear signals from the RSI and OBV indicates uncertainty in the market.
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