Is Rigel Resource Acquisition Corp. technically bullish or bearish?

Jun 25 2025 09:15 AM IST
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As of June 18, 2025, the technical trend is mildly bearish, influenced by daily moving averages and weekly OBV, despite some bullish signals from the MACD and Bollinger Bands, leading to a cautious overall sentiment.
As of 18 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 and the weekly OBV showing mild bearishness. While the weekly MACD remains bullish and the Bollinger Bands are mildly bullish on the weekly timeframe, the overall sentiment is tempered by the monthly indicators, which are mostly neutral or mildly bearish. The lack of clear signals from the RSI and Dow Theory further supports a cautious outlook.
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