Is Wave Life Sciences Ltd. technically bullish or bearish?
As of June 4, 2025, the market trend is mildly bearish, supported by daily moving averages and Bollinger Bands, despite some mixed signals from the MACD and a bullish KST on the monthly timeframe.
As of 4 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment and the Bollinger Bands showing a similar mildly bearish trend on both weekly and monthly time frames. The MACD presents a mixed picture with a mildly bullish signal on the weekly but mildly bearish on the monthly. The KST is bullish on the monthly, which contrasts with the overall bearish indicators. The RSI shows no signal, and Dow Theory indicates no trend. Overall, while there are some bullish signals in the longer time frames, the prevailing indicators suggest a mildly bearish outlook.
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