Is Petros Pharmaceuticals, Inc. technically bullish or bearish?
As of May 3, 2024, the technical trend has shifted to a bearish stance with moderate strength, supported by daily moving averages and weekly indicators, despite some mildly bullish signals from the MACD.
As of 3 May 2024, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. The daily moving averages indicate a bearish outlook, while the weekly KST and Bollinger Bands also confirm bearish signals. Although the MACD shows mildly bullish conditions on both weekly and monthly time frames, the overall trend is dominated by bearish indicators. The lack of significant signals from the RSI and Dow Theory further supports the bearish stance.
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