Is Taboola.com Ltd. technically bullish or bearish?
As of June 18, 2025, the market trend is mildly bearish due to bearish daily moving averages and weekly Dow Theory, despite mixed signals from the MACD and Bollinger Bands, indicating that bearish indicators currently outweigh bullish ones.
As of 18 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend, while the weekly Dow Theory also supports a mildly bearish outlook. The MACD shows bullish momentum on the weekly chart but is mildly bullish on the monthly, creating a mixed signal. The Bollinger Bands present a bullish signal on the weekly but are bearish on the monthly, further contributing to the overall bearish sentiment. The lack of signals from the RSI and OBV suggests indecision in the market. Overall, the bearish indicators outweigh the bullish ones, leading to a mildly bearish stance.
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