Is Purecycle Technologies, Inc. technically bullish or bearish?
As of May 23, 2025, the technical trend is mildly bullish, supported by positive weekly and monthly MACD, Bollinger Bands, and KST indicators, despite some caution from daily moving averages.
As of 23 May 2025, the technical trend has changed from sideways to mildly bullish. The weekly and monthly MACD are both bullish, indicating positive momentum. Bollinger Bands also show bullish signals on both time frames. The KST is bullish weekly and monthly, supporting the overall positive outlook. However, daily moving averages are mildly bearish, which introduces some caution. Dow Theory indicates a mildly bullish stance on the monthly chart, while the OBV shows a mildly bullish trend monthly as well. Overall, the current technical stance is mildly bullish, driven primarily by the bullish MACD, Bollinger Bands, and KST indicators.
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