Is Pegasus Digital Mobility Acquisition Corp. technically bullish or bearish?

Jun 25 2025 09:18 AM IST
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As of June 18, 2025, the technical trend is mildly bullish overall, but caution is advised due to mixed signals from various indicators, including bearish weekly MACD and Bollinger Bands.
As of 18 June 2025, the technical trend has changed from sideways to mildly bullish. However, the overall technical stance is mixed. The weekly MACD is bearish, while the monthly MACD is mildly bullish, indicating some divergence in momentum. The daily moving averages are mildly bullish, suggesting short-term strength. On the other hand, the weekly Bollinger Bands and KST are bearish, and the Dow Theory indicates a mildly bearish stance on the monthly timeframe. The RSI shows no signals in both weekly and monthly timeframes, reflecting a lack of clear momentum. Overall, the indicators suggest a mildly bullish sentiment but with significant caution due to bearish signals in other timeframes.
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