Is Innovative International Acquisition Corp. technically bullish or bearish?
As of June 11, 2025, the technical trend has shifted to bearish, supported by weak daily moving averages, Dow Theory signals, and Bollinger Bands, despite some mildly bullish MACD signals on longer time frames.
As of 11 June 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish, with a weak strength indicated by the daily moving averages and the Dow Theory both signaling bearish conditions. The Bollinger Bands also confirm a bearish outlook on both weekly and monthly time frames. Although the MACD shows mildly bullish signals on the weekly and monthly charts, this is overshadowed by the overall bearish indicators. The stock has experienced significant declines over various time frames, further supporting the bearish sentiment.
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