Is Hyperfine, Inc. technically bullish or bearish?
As of June 2, 2025, the market trend is mildly bearish, influenced by daily moving averages and Bollinger Bands, despite some positive signals from weekly and monthly indicators.
As of 2 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend, while the weekly and monthly MACD and KST are mildly bullish. However, the Bollinger Bands suggest a mildly bearish outlook on both weekly and monthly time frames. The Dow Theory shows no trend on the weekly but is mildly bullish on the monthly. Overall, while there are some positive indicators, the prevailing sentiment remains mildly bearish due to the daily moving averages and Bollinger Bands.
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