Is Immunovant, Inc. technically bullish or bearish?
As of May 29, 2025, the market trend is mildly bearish, with daily moving averages and weekly Dow Theory indicating bearishness, while mixed signals from MACD, Bollinger Bands, and KST suggest a cautious approach.
As of 29 May 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish outlook and the weekly Dow Theory also reflecting a mildly bearish trend. The MACD shows a mildly bullish signal on the weekly timeframe, but the monthly perspective remains bearish. Bollinger Bands and KST both suggest bearish tendencies on the monthly level, while the RSI indicates no clear signal in either timeframe. Overall, the mixed signals suggest a cautious approach, with the bearish indicators outweighing the bullish ones.
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