Is Marathon Digital Holdings, Inc. technically bullish or bearish?

Jun 25 2025 08:41 AM IST
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As of May 6, 2025, the market trend is mildly bearish due to daily moving averages and monthly MACD indicating bearish momentum, despite some mildly bullish signals from the weekly MACD and KST, suggesting caution amid mixed signals.
As of 6 May 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating bearish momentum and the monthly MACD reflecting a bearish outlook. The weekly MACD and KST suggest a mildly bullish sentiment, but this is countered by the overall bearish signals from the Bollinger Bands and Dow Theory on a weekly basis. The RSI shows no clear signal, indicating indecision in the market. Overall, the mixed signals suggest caution, with a slight bearish bias prevailing in the current technical landscape.
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