Is Universe Pharmaceuticals, Inc. technically bullish or bearish?

Jun 25 2025 09:07 AM IST
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As of May 6, 2024, Universe Pharmaceuticals, Inc. has a mildly bullish technical trend supported by the weekly MACD and Dow Theory, despite bearish signals from daily moving averages and Bollinger Bands.
As of 6 May 2024, the technical trend for Universe Pharmaceuticals, Inc. has changed from bullish to mildly bullish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD also supports this view. The Dow Theory confirms a mildly bullish outlook on both weekly and monthly time frames. However, the daily moving averages are bearish, which contrasts with the overall mildly bullish trend. The Bollinger Bands show a bearish signal on both weekly and monthly time frames, and the KST is mildly bullish weekly but bearish monthly. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Dow Theory, despite some bearish signals from moving averages and Bollinger Bands.
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