Is SIGNA Sports United NV technically bullish or bearish?
As of February 9, 2024, SIGNA Sports United NV shows a mildly bearish technical trend with mixed signals across time frames, while significantly underperforming the S&P 500 with a 3-year return of -100%.
As of 9 February 2024, the technical trend for SIGNA Sports United NV has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, while the monthly MACD is also mildly bullish, indicating some positive momentum. The monthly RSI is bullish, suggesting strength in the longer term, but the daily moving averages are mildly bearish, which reflects weakness in the short term. Bollinger Bands show a sideways trend weekly and mildly bearish monthly, indicating a lack of clear direction. Overall, the technical stance is mildly bearish, with mixed signals across different time frames. The company's performance has been significantly underwhelming compared to the S&P 500, with a 3-year return of -100% versus the S&P's 70.41%.
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