Is Reviva Pharmaceuticals Holdings, Inc. technically bullish or bearish?
As of June 4, 2025, the market trend is mildly bearish, influenced by daily moving averages and Bollinger Bands, despite some mixed signals from weekly and monthly indicators suggesting caution.
As of 4 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating bearish momentum, while the weekly and monthly MACD shows a mildly bullish signal. The Bollinger Bands are bearish on both weekly and monthly time frames, which adds to the bearish sentiment. The KST is mildly bullish weekly but bearish monthly, and the Dow Theory indicates a mildly bullish stance on the monthly but no trend on the weekly. Overall, the mixed signals suggest a cautious outlook with bearish tendencies prevailing in the short term.
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