Is Presto Automation, Inc. technically bullish or bearish?
2025-09-20 20:21:34As of 1 July 2024, the technical trend for Presto Automation, Inc. has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, while the monthly MACD is also mildly bullish, indicating some positive momentum. However, the monthly RSI is bearish, suggesting underlying weakness. The daily moving averages are mildly bearish, which adds to the cautious outlook. Both the Bollinger Bands and KST show sideways movement on the weekly and monthly time frames, indicating a lack of strong direction. Overall, the technical stance is mildly bearish, driven primarily by the bearish monthly RSI and mildly bearish daily moving averages. The stock has underperformed significantly compared to the S&P 500, with a -100% return over the past week, month, year, and three years, while the S&P 500 has shown positive returns across these periods....
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