Is Newcourt Acquisition Corp. technically bullish or bearish?

Jun 25 2025 09:10 AM IST
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As of May 5, 2025, the market trend is mildly bearish, indicated by daily moving averages and Bollinger Bands, despite some conflicting signals from the MACD and KST suggesting a lack of strong bullish momentum.
As of 5 May 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment and the Bollinger Bands showing a mildly bearish trend on the weekly and a bearish trend on the monthly. While the MACD is mildly bullish on both weekly and monthly time frames, the overall indicators suggest a lack of strong bullish momentum. The RSI shows no signal on both time frames, and Dow Theory indicates no trend. Overall, the strength of the bearish sentiment is moderate, with some conflicting signals from the MACD and KST.
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