Is Palmer Square Capital BDC Inc. technically bullish or bearish?
As of June 17, 2025, the technical trend is mildly bullish, supported by positive indicators like the MACD and Bollinger Bands on the weekly timeframe, though daily moving averages suggest caution due to mixed signals.
As of 17 June 2025, the technical trend has changed from mildly bearish to mildly bullish. The current technical stance is mildly bullish, supported by a mildly bullish MACD on the weekly timeframe and a bullish signal from the Bollinger Bands on the same timeframe. Additionally, the KST is also mildly bullish weekly, and Dow Theory indicates a mildly bullish stance. However, the daily moving averages remain mildly bearish, which suggests some caution. Overall, the strength of the bullish signal is moderate, but the mixed signals from different timeframes indicate a need for careful monitoring.
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