Is Pacific Biosciences of California, Inc. technically bullish or bearish?
As of June 2, 2025, the market trend is mildly bearish, influenced by daily moving averages and Bollinger Bands, despite some mildly bullish signals from MACD and KST, leading to a cautious overall outlook.
As of 2 June 2025, the technical trend has changed from bearish to mildly bearish. The current technical stance is mildly bearish. Key indicators driving this stance include the daily moving averages which are mildly bearish, and the Bollinger Bands showing a bearish trend on the weekly and mildly bearish on the monthly. While the MACD and KST are mildly bullish on both weekly and monthly time frames, the overall sentiment is tempered by the bearish signals from the Bollinger Bands and the Dow Theory indicating a bearish stance on the monthly. The lack of definitive signals from the RSI and OBV further supports a cautious outlook.
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