Is Kairous Acquisition Corp. Ltd. technically bullish or bearish?
As of April 29, 2024, the trend is mildly bullish due to daily moving averages and weekly MACD signals, but caution is advised due to a bearish weekly RSI and mixed monthly indicators.
As of 29 April 2024, the technical trend has changed from sideways to mildly bullish. The current technical stance is mildly bullish, primarily driven by the daily moving averages indicating bullish momentum and the weekly MACD also showing a bullish signal. However, the weekly RSI is bearish, which suggests some caution. The monthly MACD is mildly bearish, and Dow Theory indicates a bearish stance on the monthly timeframe. Overall, while there are bullish indicators in the daily and weekly data, the mixed signals from the monthly indicators suggest a cautious approach.
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