Is Vascular Biogenics Ltd. technically bullish or bearish?
As of December 16, 2024, Vascular Biogenics Ltd. shows a mildly bearish trend due to daily moving averages indicating bearishness, while weekly and monthly indicators present mixed signals, leading to a cautious outlook.
As of 16 December 2024, the technical trend for Vascular Biogenics Ltd. has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend, while the weekly and monthly MACD readings are mildly bullish. However, the overall bearish signals from the KST on both weekly and monthly time frames, along with the Bollinger Bands showing a sideways trend on the weekly and mildly bearish on the monthly, contribute to the lack of strong bullish momentum. The absence of signals from the RSI and no clear trends in Dow Theory further support a cautious outlook.
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