Is IX Acquisition Corp. technically bullish or bearish?
As of May 12, 2025, IX Acquisition Corp. shows a bullish technical trend with strong weekly indicators, though caution is advised due to mixed monthly signals, and it has returned 4.76% year-to-date compared to the S&P 500's 12.22%.
As of 12 May 2025, the technical trend for IX Acquisition Corp. has changed from mildly bullish to bullish. The weekly MACD and RSI are both bullish, indicating positive momentum, while the monthly MACD is mildly bearish, suggesting some caution. Bollinger Bands are bullish on both weekly and monthly time frames, supporting the upward trend. Daily moving averages are also bullish. Dow Theory reflects a mildly bullish stance on both weekly and monthly charts. In terms of performance, IX Acquisition Corp. has returned 4.76% year-to-date, which is significantly lower than the S&P 500's 12.22% return over the same period. Overall, the current technical stance is bullish, with strong indicators on the weekly charts, though caution is warranted due to the mixed monthly signals.
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