Is Rainbow Child. technically bullish or bearish?
As of 31 October 2025, the technical trend has shifted to a moderate bearish stance, supported by bearish MACD, moving averages, and Bollinger Bands, despite a bullish weekly RSI.
As of 31 October 2025, the technical trend has changed from sideways to bearish. The current technical stance is bearish with a moderate strength. Key indicators driving this stance include the weekly MACD being bearish, daily moving averages indicating bearish momentum, and both weekly and monthly Bollinger Bands showing mildly bearish signals. Although the weekly RSI is bullish, it is offset by the overall bearish trend in other indicators. The Dow Theory reflects a mildly bearish stance on the monthly timeframe, further supporting the bearish outlook.
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