Is Southport Acquisition Corp. technically bullish or bearish?
As of June 11, 2025, the trend is mildly bullish due to a bullish MACD and moving average, despite a bearish weekly RSI and a cautionary bearish monthly trend from Dow Theory.
As of 11 June 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on both weekly and monthly time frames, along with a bullish daily moving average. However, the weekly RSI is bearish, indicating some weakness. The Bollinger Bands are mildly bullish on the weekly and bullish on the monthly, suggesting potential upward movement. Dow Theory shows a bearish monthly trend, which adds caution. Overall, the mixed signals indicate a mildly bullish outlook with some underlying weaknesses.
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