Is Novavax, Inc. technically bullish or bearish?
As of May 16, 2025, the market trend is mildly bearish, indicated by daily moving averages and Bollinger Bands, despite some mildly bullish signals from the weekly MACD and KST.
As of 16 May 2025, the technical trend has changed from bearish to mildly bearish. The current technical stance is mildly bearish, driven by the daily moving averages indicating bearish momentum, while the weekly MACD and KST show a mildly bullish outlook. However, the Bollinger Bands remain bearish on both weekly and monthly time frames, and Dow Theory indicates a mildly bearish trend on the weekly chart. Overall, the mixed signals suggest a lack of strong bullish momentum, reinforcing the mildly bearish stance.
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