Is Kartoon Studios, Inc. technically bullish or bearish?
As of June 17, 2025, Kartoon Studios, Inc. shows a mildly bullish trend supported by positive MACD and moving averages, although caution is advised due to bearish signals from the monthly Bollinger Bands.
As of 17 June 2025, the technical trend for Kartoon Studios, Inc. has changed from mildly bearish to mildly bullish. The weekly MACD is bullish, supporting a positive outlook, while the monthly MACD is mildly bullish, indicating some strength. The daily moving averages are also bullish, reinforcing the current upward momentum. However, the Bollinger Bands show a bearish stance on the monthly timeframe, which introduces some caution. Overall, the technical stance is mildly bullish, driven primarily by the bullish signals from the MACD and moving averages, despite mixed signals from other indicators.
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