Is New Horizon Aircraft Ltd. technically bullish or bearish?
As of June 18, 2025, the trend has shifted to bullish with moderate strength, supported by a bullish MACD and moving averages, although caution is advised due to a bearish weekly RSI.
As of 18 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly timeframe, bullish moving averages on the daily timeframe, and a mildly bullish signal from the Bollinger Bands on the weekly timeframe. However, the weekly RSI is bearish, indicating some caution. Overall, the bullish trend is supported by strong returns compared to the S&P 500 over various periods, particularly the 1-month return of 118.0%.
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