Is Blue World Acquisition Corp. technically bullish or bearish?
2025-09-20 20:21:33As of 5 September 2025, the technical trend for Blue World Acquisition Corp. has changed from mildly bullish to bullish. The weekly MACD is bullish, and the daily moving averages also indicate a bullish stance. The Bollinger Bands show a bullish trend on the monthly timeframe. However, the weekly OBV is mildly bearish, which slightly tempers the overall bullish sentiment. In terms of performance, the company has shown a strong year-to-date return of 69.82%, significantly outperforming the S&P 500's 12.22% during the same period. Overall, the current technical stance is bullish, with moderate strength driven by positive moving averages and MACD indicators....
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