Is Outset Medical, Inc. technically bullish or bearish?
As of May 8, 2025, the trend is bullish, supported by daily moving averages and a bullish weekly MACD, though mixed signals from the Bollinger Bands and a mildly bearish weekly Dow Theory temper the overall sentiment.
As of 8 May 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with a strong indication from the daily moving averages. The weekly MACD is bullish, supporting the overall positive sentiment, while the monthly MACD remains mildly bullish. The KST also shows bullish momentum on the weekly timeframe. However, the weekly Dow Theory indicates a mildly bearish outlook, which slightly tempers the overall bullish sentiment. The Bollinger Bands present a mixed picture with a mildly bullish weekly stance but a bearish monthly view. Overall, the strength of the bullish trend is supported primarily by the daily moving averages and the weekly MACD, despite some conflicting signals from other indicators.
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