Is Myomo, Inc. technically bullish or bearish?

Jun 25 2025 08:28 AM IST
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As of May 8, 2025, the market trend is bearish with moderate strength, indicated by bearish MACD readings, Bollinger Bands, and moving averages, despite some short-term bullish signals from the RSI.
As of 8 May 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include the bearish MACD readings on both weekly and monthly time frames, bearish signals from Bollinger Bands, and a bearish daily moving average. The KST is bearish on the weekly and mildly bearish on the monthly, while the Dow Theory indicates a mildly bearish stance on both time frames. The RSI shows a bullish signal on the weekly but lacks a clear signal on the monthly, suggesting some short-term strength that is overshadowed by the overall bearish trend.
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Our weekly and monthly stock recommendations are here
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