Is IRIDEX Corp. technically bullish or bearish?

Jun 25 2025 08:22 AM IST
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As of June 17, 2025, the market trend is bearish with moderate strength, indicated by daily moving averages and longer-term indicators, despite some mild bullish signals in the weekly timeframe.
As of 17 June 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The daily moving averages indicate a bearish trend, while the monthly MACD and Bollinger Bands also reflect bearish conditions. The weekly MACD and KST show mild bullishness, but this is overshadowed by the overall bearish signals from the longer-term indicators. The RSI shows no signals, and Dow Theory indicates no trend in both weekly and monthly time frames. Overall, the bearish indicators dominate the analysis.
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