Is IGM Biosciences, Inc. technically bullish or bearish?

Jun 25 2025 08:58 AM IST
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As of May 23, 2025, IGM Biosciences, Inc. shows a mildly bearish trend, with daily moving averages and weekly Dow Theory indicating bearish momentum, while mixed signals from MACD and Bollinger Bands suggest moderate bearish strength without strong bullish indicators.
As of 23 May 2025, the technical trend for IGM Biosciences, Inc. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and the weekly Dow Theory also reflecting a mildly bearish outlook. The MACD shows a mildly bullish signal on the weekly chart, but the monthly MACD remains bearish, suggesting mixed signals across time frames. The Bollinger Bands are sideways on the weekly chart and bearish on the monthly, further supporting the bearish sentiment. Overall, the strength of the bearish trend is moderate, with no strong bullish indicators present in the RSI or OBV.
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