Is TradeUP Acquisition Corp. technically bullish or bearish?
As of April 25, 2025, the technical trend is mildly bearish due to bearish daily moving averages and Bollinger Bands, despite some mildly bullish signals from the MACD and KST, indicating caution in light of the stock's poor performance relative to the S&P 500.
As of 25 April 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and Bollinger Bands showing a bearish signal on both weekly and monthly time frames. While the MACD is mildly bullish on both weekly and monthly charts, the overall indicators suggest caution. The KST is mildly bullish weekly but bearish monthly, and the Dow Theory shows no trend weekly while being mildly bullish monthly. The stock's performance relative to the S&P 500 has been significantly negative over multiple time frames, further supporting the bearish outlook.
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