Is Phoenix Biotech Acquisition Corp. technically bullish or bearish?

Jun 25 2025 09:16 AM IST
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As of June 13, 2025, the technical trend is mildly bearish with mixed signals, including a bearish weekly RSI and mildly bullish weekly MACD, suggesting caution due to prevailing short-term bearish tendencies.
As of 13 June 2025, the technical trend has changed from bearish to mildly bearish. The current technical stance is mildly bearish with some mixed signals. The weekly MACD is mildly bullish, while the monthly MACD also shows mild bullishness. However, the weekly RSI is bearish, indicating weakness in momentum. The daily moving averages are mildly bearish, suggesting short-term pressure. The Bollinger Bands indicate a mildly bullish stance on the weekly but are mildly bearish on the monthly. KST shows bullishness on the weekly but bearish on the monthly, and Dow Theory indicates no trend on the weekly and bearish on the monthly. Overall, the mixed indicators suggest caution, with bearish tendencies prevailing in the short term.
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