Is Murphy Canyon Acquisition Corp. technically bullish or bearish?

Jun 25 2025 09:18 AM IST
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As of June 11, 2025, the technical trend has shifted to mildly bearish, supported by bearish daily moving averages and indicators, despite some mixed signals from the MACD and RSI.
As of 11 June 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 daily moving averages are bearish, while the weekly KST and Dow Theory also indicate bearish conditions. Although the MACD remains mildly bullish on the weekly and monthly time frames, the overall sentiment is tempered by the bearish signals from Bollinger Bands and the OBV showing mild bearishness on a monthly basis. The RSI on the monthly is bullish, but the lack of a clear signal on the weekly suggests caution. Overall, the strength of the bearish stance is moderate.
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