Is Local Bounti Corp. technically bullish or bearish?
2025-09-20 20:20:56As of 11 August 2025, the technical trend for Local Bounti Corp. has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by daily moving averages and a bullish signal from Bollinger Bands and OBV. However, the weekly MACD and Dow Theory indicate a mildly bearish sentiment. The stock has outperformed the S&P 500 significantly over the past week (34.25% vs. 1.05%) and year-to-date (42.03% vs. 12.22%), but it has underperformed over the longer three-year period (-91.17% vs. 70.41%)....
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