Is MultiPlan Corp. technically bullish or bearish?
As of June 17, 2025, the technical trend is bullish, supported by positive MACD and moving averages, although the weekly RSI shows some short-term weakness.
As of 17 June 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with a strong sentiment driven by several key indicators. The MACD is bullish on the weekly timeframe, and the moving averages are bullish on the daily timeframe. Additionally, Bollinger Bands are bullish on both weekly and monthly charts. However, the weekly RSI is bearish, indicating some short-term weakness. Overall, the bullish trend is supported by the strong performance in the past month and year-to-date, significantly outperforming the S&P 500.
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