Is Soleno Therapeutics, Inc. technically bullish or bearish?
As of April 22, 2025, the trend is bullish with strong indicators like a bullish MACD and Bollinger Bands, although caution is advised due to a bearish monthly RSI and mildly bearish KST.
As of 22 April 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands also indicate bullish momentum on both time frames. Daily moving averages confirm a bullish trend as well. However, the monthly RSI shows a bearish signal, and the KST is mildly bearish on the monthly, suggesting some caution. Overall, the strength of the bullish trend is reinforced by the recent price action, with the stock reaching a new 52-week high today.
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