Is Vaccinex, Inc. technically bullish or bearish?
As of May 1, 2025, the market trend is mildly bearish, supported by bearish daily moving averages and weekly Bollinger Bands, despite some mildly bullish signals from the MACD and a neutral RSI indicating a lack of momentum.
As of 1 May 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is bearish, driven primarily by the daily moving averages indicating a bearish signal. The weekly Bollinger Bands also reflect a mildly bearish stance, while the monthly Bollinger Bands are firmly bearish. Although the MACD shows mildly bullish signals on both weekly and monthly time frames, the overall bearish indicators from moving averages and Dow Theory (weekly bearish) suggest a prevailing bearish sentiment. The RSI shows no signal, indicating a lack of momentum in either direction.
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