Is ReShape Lifesciences, Inc. technically bullish or bearish?
As of May 27, 2025, the market trend is mildly bearish, influenced by daily moving averages and Bollinger Bands, despite some mixed signals from weekly indicators like MACD and RSI.
As of 27 May 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating bearishness and the Bollinger Bands showing a mildly bearish trend on the weekly and bearish on the monthly. While the weekly MACD and KST are mildly bullish, the overall monthly indicators, including the Dow Theory, suggest a bearish outlook. The RSI on the weekly is bullish, but the lack of a strong signal on the monthly adds to the mixed signals.
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