Is OptimizeRx Corp. technically bullish or bearish?

Jun 25 2025 08:24 AM IST
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As of May 13, 2025, the market trend is bullish, supported by strong indicators like a bullish MACD, moving averages, and Bollinger Bands, despite a mildly bearish signal from Dow Theory on the weekly chart.
As of 13 May 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and the daily moving averages are also bullish. Bollinger Bands indicate bullish conditions on both weekly and monthly time frames. The KST shows a bullish signal on the weekly chart, while the monthly remains mildly bullish. Although the Dow Theory presents a mildly bearish signal on the weekly, the overall monthly outlook is mildly bullish. The stock has shown a significant year-to-date return of 167.08%, outperforming the S&P 500. Overall, the strength of the bullish stance is reinforced by the positive performance metrics and technical indicators.
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