Is Nuveen Churchill Direct Lending Corp. technically bullish or bearish?
As of May 28, 2025, the trend is mildly bearish due to daily moving averages and Bollinger Bands signaling bearishness, despite some mildly bullish indicators from the weekly MACD and KST, with overall caution stemming from weak RSI signals and bearish Dow Theory on the monthly timeframe.
As of 28 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 trend and the Bollinger Bands showing a bearish signal on the weekly timeframe. While the weekly MACD and KST are mildly bullish, the overall sentiment remains cautious due to the lack of strong bullish signals in the RSI and the bearish indication from Dow Theory on the monthly timeframe. The stock's performance relative to the S&P 500 also reflects weakness, particularly over the past year.
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