Is Preferred Bank (California) technically bullish or bearish?
As of May 8, 2025, the trend is mildly bearish due to daily moving averages, despite some bullish signals from weekly MACD and KST, indicating a need for caution.
As of 8 May 2025, the technical trend has changed from bearish to mildly bearish. The current technical stance is mildly bearish, driven by the daily moving averages indicating a bearish outlook, while the weekly MACD and KST show mild bullishness. The Bollinger Bands are bullish on both weekly and monthly time frames, which provides some support. However, the overall mixed signals from the indicators suggest caution, particularly with the daily moving averages and the Dow Theory indicating a mildly bearish trend.
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