Is SmileDirectClub, Inc. technically bullish or bearish?
As of December 26, 2023, SmileDirectClub, Inc. shows a mildly bearish trend with mixed signals from technical indicators, including a mildly bullish weekly MACD and a bearish monthly RSI.
As of 26 December 2023, the technical trend for SmileDirectClub, Inc. has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD also reflects mild bullishness. However, the monthly RSI is bearish, and the daily moving averages are mildly bearish, suggesting weakness in the short term. Bollinger Bands on the weekly chart show a sideways movement, and both the KST and Dow Theory indicate no significant trends on the weekly and monthly time frames. Overall, the current technical stance is mildly bearish, driven primarily by the mixed signals from the moving averages and the bearish monthly RSI.
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