Is Porch Group, Inc. technically bullish or bearish?
As of May 7, 2025, the market trend is bullish, supported by strong MACD and moving averages, despite the RSI showing no signal and Dow Theory indicating a mildly bullish stance on the weekly chart.
As of 7 May 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and moving averages are also bullish on the daily time frame. Bollinger Bands show a bullish signal on the monthly and mildly bullish on the weekly. The KST is bullish on both weekly and monthly charts, reinforcing the bullish sentiment. However, the RSI shows no signal on both time frames, and Dow Theory indicates a mildly bullish stance on the weekly but no trend on the monthly. Overall, the strength of the bullish trend is supported by multiple indicators, particularly the MACD and moving averages.
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