Is Oak Woods Acquisition Corp. technically bullish or bearish?
As of June 9, 2025, the trend is mildly bullish due to positive weekly MACD and KST indicators, but caution is warranted because of bearish monthly RSI and Dow Theory signals.
As of 9 June 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the weekly MACD and KST indicators, both of which are bullish. The daily moving averages also indicate a mildly bullish trend. However, the monthly RSI is bearish, and Dow Theory shows a bearish stance on the monthly timeframe, which adds some caution. Overall, while there are bullish signals in the shorter time frames, the mixed signals from the monthly indicators suggest a cautious outlook.
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