Is Newegg Commerce, Inc. technically bullish or bearish?
As of June 20, 2025, the market trend is neutral with mixed indicators, showing a sideways movement influenced by mildly bullish weekly and monthly MACD, a bearish weekly RSI, and cautious daily moving averages.
As of 20 June 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed indicators influencing the outlook. The weekly MACD is mildly bullish, while the monthly MACD is also mildly bullish, suggesting some positive momentum. However, the weekly RSI is bearish, indicating potential weakness. The daily moving averages are mildly bearish, which adds to the cautious sentiment. The KST shows a bullish signal on the weekly timeframe but is bearish monthly, and the Dow Theory indicates no trend on the weekly but mildly bullish on the monthly. Overall, the mixed signals suggest a sideways movement with no strong bullish or bearish stance at this time.
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