Is Power REIT technically bullish or bearish?
As of June 3, 2025, the technical trend has shifted to mildly bullish, supported by weekly and monthly indicators, despite bearish daily moving averages and mixed signals overall.
As of 3 June 2025, the technical trend has changed from mildly bearish to mildly bullish. The current technical stance is mildly bullish, supported by the weekly and monthly MACD readings, which are both mildly bullish. The KST also indicates a mildly bullish trend on the weekly and bullish on the monthly. However, the daily moving averages are bearish, and the Bollinger Bands show a bearish signal on the weekly but bullish on the monthly. The RSI shows no signal on both time frames, indicating a lack of momentum. Overall, while there are mixed signals, the shift to mildly bullish suggests a potential for upward movement, albeit with caution due to the bearish daily moving averages.
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