Is Portman Ridge Finance Corp. technically bullish or bearish?
As of June 18, 2025, the market trend is mildly bearish, indicated by daily moving averages and weekly Bollinger Bands, despite mixed signals from MACD, RSI, and Dow Theory, suggesting a cautious outlook.
As of 18 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the weekly Bollinger Bands also showing bearish signals. The MACD on a weekly basis is mildly bullish, but the monthly MACD remains bearish, reflecting mixed signals. The RSI on a monthly basis is bullish, yet the weekly RSI shows no signal, contributing to the overall neutral sentiment. Dow Theory indicates a mildly bullish stance on the weekly chart but is mildly bearish on the monthly chart. The KST shows a mildly bullish trend weekly but is bearish monthly, while the OBV is mildly bullish on a monthly basis but shows no trend weekly. Overall, the mixed indicators suggest a cautious outlook with a mildly bearish bias.
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