Is Wag! Group Co. technically bullish or bearish?
As of April 23, 2025, the market trend is mildly bearish due to daily moving averages indicating bearish momentum, despite some mixed signals from weekly and monthly indicators.
As of 23 April 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating bearish momentum. While the weekly MACD and KST are mildly bullish, the monthly indicators show a mixed picture with the Bollinger Bands and KST indicating bearish conditions. The RSI on the monthly timeframe is bullish, but the overall trend remains weak. The lack of a clear trend in the Dow Theory further supports the mildly bearish outlook.
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