Is Twin Ridge Capital Acquisition Corp. technically bullish or bearish?

Jun 25 2025 09:09 AM IST
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As of June 10, 2025, Twin Ridge Capital Acquisition Corp. exhibits a bearish technical trend with mixed signals from various indicators, including a bearish stance from moving averages and Bollinger Bands, despite a mildly bullish weekly MACD.
As of 10 June 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with a moderate strength. The weekly MACD is mildly bullish, but the monthly MACD and moving averages are bearish, indicating a lack of consistent upward momentum. Bollinger Bands are bearish on both weekly and monthly time frames, reinforcing the bearish outlook. The Dow Theory shows a mildly bearish trend on the monthly scale, while the KST is mildly bullish weekly but bearish monthly, suggesting mixed signals. Overall, the indicators point towards a bearish sentiment for Twin Ridge Capital Acquisition Corp.
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