Is Semler Scientific, Inc. technically bullish or bearish?
As of June 18, 2025, the trend is mildly bearish due to daily moving averages, despite some bullish signals from weekly and monthly indicators like MACD and Bollinger Bands, suggesting caution in the current market.
As of 18 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend. However, the weekly and monthly MACD readings are mildly bullish, suggesting some positive momentum in the longer time frames. The Bollinger Bands are bullish on both weekly and monthly charts, which adds a layer of support to the price action. The KST is also mildly bullish weekly, but monthly it shows a bearish stance. Overall, while there are some bullish indicators in the longer time frames, the prevailing daily trend and moving averages suggest caution.
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