Is Neoleukin Therapeutics, Inc. technically bullish or bearish?
As of April 21, 2025, the technical trend is mildly bearish due to conflicting signals from daily moving averages and weekly MACD, despite a bullish monthly RSI, with the stock underperforming relative to the S&P 500.
As of 21 April 2025, the technical trend has changed from bearish to mildly bearish. The current technical stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish outlook, while the weekly MACD shows a mildly bullish signal. The RSI on the monthly timeframe is bullish, suggesting some strength, but overall, the mixed signals across different timeframes, including the weekly Dow Theory being mildly bearish, contribute to the overall mildly bearish sentiment. The stock's recent performance relative to the S&P 500 also reflects significant underperformance, further supporting the bearish outlook.
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