Is Murphy Canyon Acquisition Corp. technically bullish or bearish?
As of June 11, 2025, Murphy Canyon Acquisition Corp. has shifted to a mildly bearish trend due to bearish signals from moving averages and Dow Theory indicators, despite some mildly bullish readings from the MACD and OBV.
As of 11 June 2025, the technical trend for Murphy Canyon Acquisition Corp. has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by bearish signals from the daily moving averages and the weekly and monthly Dow Theory indicators. The MACD remains mildly bullish on both weekly and monthly time frames, but this is overshadowed by the bearish readings from Bollinger Bands and KST. The OBV shows a mildly bullish trend on the weekly but is bearish on the monthly, indicating mixed signals. There is no available multi-period return data for comparison with the S&P 500.
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