Is TMT Acquisition Corp. technically bullish or bearish?
As of May 29, 2025, the technical trend has shifted to mildly bearish due to bearish MACD, daily moving averages, and signals from Bollinger Bands and Dow Theory, despite mixed RSI signals across timeframes.
As of 29 May 2025, the technical trend has changed from mildly bullish to mildly bearish. The current technical stance is mildly bearish. Key indicators driving this stance include a bearish MACD on the weekly timeframe, daily moving averages indicating bearish momentum, and mildly bearish signals from both the Bollinger Bands and Dow Theory on the weekly timeframe. The RSI shows no signal on the weekly but is bullish on the monthly, indicating mixed signals across different timeframes. Overall, the bearish indicators outweigh the bullish ones, leading to a mildly bearish outlook.
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