Is Treasure Global, Inc. technically bullish or bearish?
As of February 15, 2024, the technical trend is mildly bearish with weak strength, supported by bearish daily moving averages, Bollinger Bands, and Dow Theory, despite some mildly bullish MACD signals on longer time frames.
As of 15 February 2024, the technical trend has changed from sideways to mildly bearish. The current stance is bearish with weak strength. The daily moving averages are bearish, and both the weekly and monthly Bollinger Bands indicate bearish conditions. Additionally, the Dow Theory confirms a bearish outlook on both weekly and monthly time frames. The MACD shows mildly bullish signals on the weekly and monthly charts, but this is overshadowed by the overall bearish indicators. The stock has also experienced significant declines compared to the S&P 500, further reinforcing the bearish sentiment.
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