Is Springworks Therapeutics, Inc. technically bullish or bearish?

Jun 25 2025 09:03 AM IST
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As of June 17, 2025, the trend is bullish with strong indicators like a bullish MACD and daily moving averages, though mildly tempered by a bearish signal from Bollinger Bands and mixed signals from KST and Dow Theory.
As of 17 June 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 the daily moving averages also confirm a bullish trend. However, the Bollinger Bands show a mildly bearish signal on the weekly chart, which slightly tempers the overall bullish outlook. The KST and Dow Theory indicate a mildly bearish stance on the weekly and monthly time frames, but the OBV is bullish on the monthly. Overall, the strength of the bullish trend is reinforced by the positive performance relative to the S&P 500, particularly in the year-to-date and one-year returns.
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