Is PainReform Ltd. technically bullish or bearish?
As of April 28, 2025, the market trend is mildly bearish due to daily moving averages and bearish signals from KST and Dow Theory, although weekly and monthly MACD show mild bullishness, indicating mixed signals and a cautious outlook.
As of 28 April 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 and Dow Theory also reflecting bearish signals. However, the weekly and monthly MACD are mildly bullish, suggesting some underlying strength. The RSI shows no signal on the weekly timeframe but is bullish on the monthly, indicating potential for recovery. Overall, the mixed signals suggest caution, with a prevailing mildly bearish outlook.
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