Is Merit Medical Systems, Inc. technically bullish or bearish?

Jun 25 2025 08:18 AM IST
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As of May 5, 2025, the market trend is mildly bearish based on bearish MACD and moving averages, despite some mixed signals from Bollinger Bands and KST, indicating uncertainty in the overall outlook.
As of 5 May 2025, the technical trend has changed from mildly bullish to mildly bearish. The current technical stance is mildly bearish, driven by several key indicators. The MACD is bearish on the weekly chart and mildly bearish on the monthly chart, indicating a negative momentum shift. The daily moving averages also confirm a bearish outlook. While the Bollinger Bands show a mildly bearish signal on the weekly timeframe, the monthly view is mildly bullish, suggesting some divergence. The KST is bearish on the weekly but bullish on the monthly, adding to the mixed signals. Overall, the Dow Theory indicates a mildly bearish stance on the weekly chart, while the monthly remains mildly bullish. The lack of clear signals from the RSI and OBV further emphasizes the current uncertainty.
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