Is Motus GI Holdings, Inc. technically bullish or bearish?
As of November 1, 2024, the trend is mildly bearish due to daily moving averages, despite some mixed signals from weekly indicators, suggesting a lack of strong bullish momentum.
As of 1 November 2024, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend. While the weekly MACD and KST are mildly bullish, the monthly RSI remains bearish, suggesting weakness in momentum. Both Bollinger Bands and Dow Theory indicate a sideways movement with no clear trend in the weekly and monthly time frames. Overall, the mixed signals indicate a lack of strong bullish momentum, reinforcing the mildly bearish outlook.
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