Is Safe & Green Development Corp. technically bullish or bearish?
As of June 3, 2025, the market trend has shifted to mildly bearish, indicated by bearish daily moving averages and Bollinger Bands, despite a mildly bullish MACD, with overall sentiment weakened by lack of strong bullish signals and underperformance against the S&P 500.
As of 3 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is bearish, primarily driven by the daily moving averages indicating a bearish trend and the Bollinger Bands showing bearish signals on both weekly and monthly time frames. The MACD on a weekly basis is mildly bullish, but the overall sentiment is dampened by the lack of strong bullish signals from the RSI and the absence of trends in Dow Theory and OBV. The stock has significantly underperformed compared to the S&P 500 over various periods, reinforcing the bearish outlook.
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