Is Unity Bancorp, Inc. technically bullish or bearish?

Jun 25 2025 08:18 AM IST
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As of June 9, 2025, Unity Bancorp, Inc. shows a strong bullish outlook, supported by positive MACD, Bollinger Bands, and moving averages, despite some mixed signals from Dow Theory.
As of 9 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands also indicate a bullish trend in both time frames. Daily moving averages are bullish, reinforcing the positive momentum. The KST is bullish on both weekly and monthly charts. Although Dow Theory shows a mildly bearish stance on the weekly chart, it is mildly bullish on the monthly, suggesting some mixed signals. Overall, the strength of the bullish indicators outweighs the bearish signals, indicating a strong bullish outlook for Unity Bancorp, Inc.
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