Is PEDEVCO Corp. technically bullish or bearish?
As of May 20, 2025, PEDEVCO Corp. shows a mildly bearish trend, with mixed signals from key indicators like MACD, moving averages, and Bollinger Bands across different timeframes.
As of 20 May 2025, the technical trend for PEDEVCO Corp. has changed from bearish to mildly bearish. The current technical stance is mildly bearish, driven by several key indicators. The MACD on a weekly basis is mildly bullish, but the monthly MACD remains bearish, indicating mixed signals. The moving averages on a daily timeframe are mildly bearish, reinforcing the overall bearish sentiment. The Bollinger Bands show a bullish signal on the weekly chart but are mildly bearish on the monthly chart. The KST is mildly bullish weekly but bearish monthly, while the Dow Theory indicates a mildly bearish stance in both weekly and monthly views. Overall, the combination of these indicators suggests a cautious outlook for PEDEVCO Corp.
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