Is Psyence Biomedical Ltd. technically bullish or bearish?

Jun 25 2025 09:25 AM IST
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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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