Is Mountain Crest Acquisition Corp. V technically bullish or bearish?
As of June 6, 2025, the trend has shifted to mildly bullish due to daily moving averages, but conflicting signals from weekly MACD and Dow Theory indicate mixed longer-term outlooks.
As of 6 June 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating bullishness. However, the weekly MACD and Dow Theory remain bearish, suggesting mixed signals in the longer time frames. The Bollinger Bands show a mildly bullish stance on the monthly chart, but the weekly indicators are predominantly bearish. Overall, while there is a shift towards bullishness, the strength is tempered by conflicting signals from other indicators.
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