Is NovoCure Ltd. technically bullish or bearish?
As of May 16, 2025, the stock's technical trend is mildly bearish, indicated by bearish momentum from the weekly MACD and daily moving averages, despite a bullish monthly KST, reflecting overall weakness compared to the S&P 500.
As of 16 May 2025, the technical trend has changed from bearish to mildly bearish. The current technical stance is mildly bearish, driven primarily by the weekly MACD indicating bearish momentum, and the daily moving averages also showing a bearish trend. The Bollinger Bands are bearish on both weekly and monthly time frames, reinforcing the negative sentiment. Although the monthly KST is bullish, the overall indicators suggest weakness in the stock's performance, especially given its significant underperformance compared to the S&P 500 over various periods.
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