Is Imunon, Inc. technically bullish or bearish?

Jun 25 2025 08:26 AM IST
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As of June 18, 2025, Imunon, Inc. shows a mildly bullish trend due to positive daily moving averages and a bullish weekly MACD, but caution is advised due to bearish weekly RSI and Bollinger Bands signals.
As of 18 June 2025, the technical trend for Imunon, Inc. has changed from bullish to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating mild bullishness and the weekly MACD remaining bullish. However, the weekly RSI is bearish, and both the weekly and monthly Bollinger Bands are bearish, suggesting some caution. The Dow Theory presents a mixed view with a mildly bearish weekly signal but a mildly bullish monthly signal. Overall, while there are some bullish indicators, the bearish signals in the RSI and Bollinger Bands indicate a lack of strong momentum.
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