Is Jasper Therapeutics, Inc. technically bullish or bearish?
As of June 9, 2025, the market trend is mildly bearish, indicated by daily moving averages and monthly Bollinger Bands, despite some mixed signals from weekly indicators and a notable decline in stock performance compared to the S&P 500.
As of 9 June 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish sentiment and the monthly Bollinger Bands also reflecting a bearish trend. While the weekly MACD and KST show mildly bullish signals, they are overshadowed by the overall bearish indicators in the monthly timeframe. The Dow Theory presents a mixed view with a mildly bearish weekly stance and a mildly bullish monthly stance, adding to the complexity of the current situation. Overall, the strength of the bearish trend is supported by the significant decline in stock performance compared to the S&P 500 over various time frames, particularly the year-to-date and three-year returns.
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