Is Tourmaline Bio, Inc. technically bullish or bearish?
As of June 9, 2025, the market trend is mildly bearish due to daily moving averages, despite some mixed bullish signals from longer time frames like the weekly MACD and Bollinger Bands.
As of 9 June 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish sentiment. While the weekly MACD shows a mildly bullish signal and the Bollinger Bands on the weekly are bullish, these are offset by the monthly Bollinger Bands being mildly bearish and the KST indicating a bearish stance. The Dow Theory shows no trend on the weekly but is mildly bullish on the monthly, suggesting mixed signals. Overall, the strength of the bearish sentiment is supported by the daily indicators, despite some bullish signals in the longer time frames.
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