Is Polar Power, Inc. technically bullish or bearish?
As of June 5, 2025, the technical trend has shifted to a bearish stance, supported by bearish momentum in the MACD, daily moving averages, and Dow Theory, along with significant underperformance compared to the S&P 500.
As of 5 June 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include the weekly MACD showing bearish momentum, the daily moving averages indicating a bearish trend, and the Bollinger Bands reflecting a mildly bearish condition on the weekly chart. Additionally, the Dow Theory indicates a bearish monthly trend, further supporting the bearish outlook. The stock has underperformed significantly compared to the S&P 500 across multiple time frames, reinforcing the bearish sentiment.
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