Is Wearable Devices Ltd. technically bullish or bearish?

Jun 25 2025 08:58 AM IST
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As of April 30, 2025, the market trend is mildly bearish, influenced by bearish daily moving averages and Bollinger Bands, despite some mildly bullish signals from the MACD and a lack of momentum indicated by the RSI, with the stock underperforming the S&P 500.
As of 30 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 Dow Theory also reflecting a mildly bearish outlook. While the MACD on both weekly and monthly time frames shows mildly bullish signals, the overall sentiment is tempered by the bearish signals from Bollinger Bands and the daily moving averages. The RSI shows no signal, indicating a lack of momentum in either direction. The stock has significantly underperformed compared to the S&P 500 over various time frames, further supporting the bearish sentiment.
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