Is Hims & Hers Health, Inc. technically bullish or bearish?
As of May 1, 2025, the technical trend has shifted to bullish, supported by strong indicators like the MACD and KST, despite some mixed signals from Bollinger Bands and Dow Theory.
As of 1 May 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and the KST is also bullish in both time frames. Although the Bollinger Bands show a bearish signal on the weekly, they are mildly bullish on the monthly, which adds some support. The moving averages indicate a mildly bullish trend on the daily chart. However, the Dow Theory presents a mildly bearish signal on the weekly, contrasting with the mildly bullish monthly view. Overall, the bullish indicators outweigh the bearish ones, suggesting a strong bullish sentiment.
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