Is Next.e.GO NV technically bullish or bearish?
As of July 16, 2024, the market trend has shifted to mildly bearish due to daily moving averages indicating a bearish trend, while the weekly MACD remains mildly bullish but lacks momentum signals from the RSI and Bollinger Bands.
As of 16 July 2024, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend. While the weekly MACD remains mildly bullish, the lack of significant signals in the RSI and the sideways movement in Bollinger Bands suggest a lack of momentum. Additionally, both the KST and Dow Theory show no strong trends on the monthly and weekly time frames, reinforcing the overall neutral to bearish outlook.
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