Is Hennessy Capital Investment Corp. VI technically bullish or bearish?

Jun 25 2025 09:11 AM IST
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As of June 6, 2025, the technical trend is bullish with strong indicators like MACD and KST supporting this view, although Dow Theory presents a bearish signal that tempers the overall sentiment.
As of 6 June 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, while the Bollinger Bands indicate a bullish trend on the monthly and mildly bullish on the weekly. The daily moving averages also confirm a bullish stance. The KST is bullish across both weekly and monthly time frames, and the OBV shows a bullish trend on the monthly. However, Dow Theory indicates a bearish trend on the monthly, which slightly tempers the overall bullish sentiment. Overall, the strength of the bullish indicators suggests a positive outlook despite some mixed signals.
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