Is Relmada Therapeutics, Inc. technically bullish or bearish?
As of June 11, 2025, the market trend is mildly bearish, supported by daily moving averages and Dow Theory, despite some mixed bullish signals from the MACD and KST on longer time frames.
As of 11 June 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by the daily moving averages indicating a bearish trend, while the weekly Dow Theory also supports a mildly bearish outlook. The MACD shows mildly bullish signals on both weekly and monthly time frames, but this is countered by the monthly Bollinger Bands indicating a bearish trend. The KST is bullish weekly but bearish monthly, adding to the mixed signals. Overall, the strength of the bearish stance is supported by the daily moving averages and the Dow Theory, despite some bullish indicators on longer time frames.
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