Is Psyence Biomedical Ltd. technically bullish or bearish?
As of May 5, 2025, the trend is mildly bearish due to daily moving averages indicating bearishness, while mixed signals from weekly MACD and KST, along with bearish Bollinger Bands, suggest a cautious approach.
As of 5 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 a mildly bullish sentiment. However, the Bollinger Bands on both weekly and monthly time frames suggest bearish conditions. The RSI shows no signal on both weekly and monthly charts, indicating a lack of momentum. Overall, the mixed signals from different indicators suggest a cautious approach, with the bearish indicators outweighing the bullish ones.
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