Is Palatin Technologies, Inc. technically bullish or bearish?
As of June 9, 2025, the market trend is mildly bearish, indicated by daily moving averages and KST signals, despite some mild bullishness in the MACD, with overall indicators showing uncertainty and lack of strong bullish momentum.
As of 9 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish outlook and the KST showing bearish signals on both weekly and monthly time frames. While the MACD is mildly bullish on both weekly and monthly charts, the overall indicators suggest a lack of strong bullish momentum. The Bollinger Bands are sideways on the weekly and mildly bearish on the monthly, further supporting the bearish sentiment. The absence of clear trends in Dow Theory and OBV adds to the uncertainty.
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