Is Heritage Commerce Corp. technically bullish or bearish?
As of June 13, 2025, the market trend is mildly bearish due to daily moving averages, despite some bullish indicators on weekly charts, suggesting a cautious approach is advisable.
As of 13 June 2025, the technical trend has changed from mildly bullish to mildly bearish. The current technical stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish outlook. While the weekly MACD and KST remain mildly bullish, the overall sentiment is tempered by the Dow Theory showing a mildly bearish signal on the weekly timeframe. The Bollinger Bands are bullish on both weekly and monthly charts, but this is overshadowed by the bearish daily moving averages. The RSI shows no signal in both weekly and monthly timeframes, indicating a lack of momentum in either direction. Overall, the mixed signals suggest a cautious approach is warranted.
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