Is Prothena Corp. Plc technically bullish or bearish?

Jun 25 2025 08:52 AM IST
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As of June 6, 2025, Prothena Corp. Plc exhibits a bearish trend with strong downward pressure indicated by bearish MACD and moving averages, despite a mildly bullish signal from Dow Theory on the weekly chart.
As of 6 June 2025, the technical trend for Prothena Corp. Plc has changed from mildly bearish to bearish. The current stance is bearish with a strong indication of weakness. The MACD is bearish on both the weekly and monthly time frames, and moving averages on the daily are also bearish. The Bollinger Bands reflect a mildly bearish sentiment on both weekly and monthly charts. The KST is bearish across both time frames, while the Dow Theory shows a mildly bullish signal on the weekly but no trend on the monthly. Overall, the indicators point towards a bearish outlook with significant downward pressure.
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