Is Penumbra, Inc. technically bullish or bearish?
As of May 14, 2025, Penumbra, Inc. shows a mildly bullish trend due to positive daily moving averages, despite mixed signals from weekly and monthly indicators.
As of 14 May 2025, the technical trend for Penumbra, Inc. has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating a positive trend. However, the weekly MACD and KST are both mildly bearish, suggesting some short-term weakness. The monthly MACD and KST remain bullish, providing a stronger long-term outlook. The RSI on the monthly timeframe is bearish, which adds caution. Overall, while there are mixed signals, the daily indicators support a mildly bullish stance.
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