Is PowerFleet, Inc. technically bullish or bearish?

Jun 25 2025 09:06 AM IST
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As of May 28, 2025, the technical trend is bearish, indicated by weak signals from MACD, Bollinger Bands, and moving averages, despite some mildly bullish signals from Dow Theory.
As of 28 May 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a strong indication of weakness. The weekly MACD is bearish, supported by bearish signals from Bollinger Bands and KST. Daily moving averages also confirm a bearish outlook. Although the Dow Theory shows mildly bullish signals on both weekly and monthly time frames, the overall sentiment is dominated by the bearish indicators. The stock has underperformed significantly compared to the S&P 500 over various time frames, further reinforcing the bearish stance.
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