Is Vahanna Tech Edge Acquisition I Corp. technically bullish or bearish?
As of May 16, 2025, the technical trend is mildly bearish overall, with mixed signals from indicators like the weekly MACD showing mild bullishness, but daily moving averages and Bollinger Bands indicating bearish conditions, suggesting caution in the short term.
As of 16 May 2025, the technical trend has changed from bearish to mildly bearish. The current technical stance is mildly bearish overall. The weekly MACD is mildly bullish, which suggests some positive momentum, but this is offset by the weekly Bollinger Bands and KST indicating mildly bearish and bearish conditions, respectively. The daily moving averages are also mildly bearish, reinforcing the negative sentiment. The RSI shows no signal on both weekly and monthly time frames, indicating a lack of clear momentum. Dow Theory presents a mildly bullish stance on the weekly chart, but with no trend on the monthly. Overall, the mixed signals suggest caution, with bearish indicators prevailing in the short term.
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