Is Movella Holdings, Inc. technically bullish or bearish?
As of April 30, 2024, the trend is mildly bearish due to daily moving averages, despite mixed signals from weekly and monthly indicators suggesting caution.
As of 30 April 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 and monthly MACD and RSI are showing mildly bullish and bullish signals respectively. However, the KST remains bearish on both weekly and monthly time frames, and Dow Theory indicates no trend. Overall, the mixed signals suggest caution, with a stronger bearish influence from the daily moving averages.
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