Is Vast Renewables Ltd. technically bullish or bearish?
As of April 4, 2025, the market trend is mildly bearish, influenced by daily moving averages and weekly KST signals, despite some bullish indicators from the MACD and RSI, with overall sentiment weakened by underperformance against the S&P 500.
As of 4 April 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and the weekly KST also showing bearish signals. While the MACD on both weekly and monthly time frames is mildly bullish, the overall sentiment is tempered by the Dow Theory indicating bearish trends in both weekly and monthly perspectives. The RSI is bullish on the weekly but lacks a signal on the monthly, suggesting mixed signals across different time frames. Overall, the strength of the bearish sentiment is reinforced by the significant underperformance compared to the S&P 500 over various periods.
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