Is Pelthos Therapeutics, Inc. technically bullish or bearish?
As of October 1, 2023, Pelthos Therapeutics, Inc. shows a mixed but generally bullish technical stance in the short term, with strong weekly indicators and significant year-to-date outperformance of 419.66% compared to the S&P 500's 12.22%.
As of 1 October 2023, the technical stance for Pelthos Therapeutics, Inc. is mixed but leans towards bullish in the short term. The weekly MACD and Bollinger Bands indicate bullish momentum, while the daily moving averages also support a bullish outlook. However, the monthly RSI is bearish, and the Dow Theory shows a mildly bullish weekly trend contrasted by a mildly bearish monthly trend. The stock has significantly outperformed the S&P 500 over multiple periods, with a year-to-date return of 419.66% compared to the S&P 500's 12.22%.
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