Is Nuwellis, Inc. technically bullish or bearish?
As of June 17, 2025, the market trend is mildly bearish, influenced by daily moving averages and weekly KST showing bearish signals, despite some mildly bullish indications from the MACD and mixed signals from the RSI.
As of 17 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and the weekly KST showing bearish signals. While the MACD on both weekly and monthly time frames is mildly bullish, this is offset by the Bollinger Bands and Dow Theory both indicating bearish trends. The RSI shows no clear signal, suggesting indecision in the market. Overall, the mixed signals indicate a weak bearish sentiment in the current technical landscape.
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