Is Local Bounti Corp. technically bullish or bearish?
As of June 18, 2025, the market trend is neutral with mixed signals: the weekly MACD is bearish, the monthly MACD is mildly bullish, and daily moving averages show mild bullishness, indicating uncertainty and caution.
As of 18 June 2025, the technical trend has changed from mildly bearish to sideways. The current stance is neutral, with mixed signals across different time frames. The weekly MACD is bearish, while the monthly MACD is mildly bullish, indicating conflicting momentum. The daily moving averages show a mildly bullish trend, but the weekly Bollinger Bands and KST are bearish, suggesting caution. The Dow Theory indicates a mildly bullish stance on the monthly chart, yet the overall lack of clear trends in the weekly indicators points to uncertainty. The RSI shows no signals in both weekly and monthly time frames, further supporting a neutral outlook.
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