Is Scilex Holding Co. technically bullish or bearish?
2025-09-20 20:27:41As of 5 September 2025, the technical trend for Scilex Holding Co. has changed from mildly bullish to bullish. The current technical stance is bullish with strong indicators supporting this view. The daily moving averages are bullish, and the weekly MACD and KST are also bullish, indicating positive momentum. The weekly OBV is bullish, further confirming the strength of the trend. However, the monthly MACD is only mildly bullish, and the Bollinger Bands show mixed signals with a mildly bullish weekly stance and a mildly bearish monthly stance. In terms of performance, Scilex has outperformed the S&P 500 over the past week and month, with returns of 1.18% and 32.4% respectively, compared to the S&P 500's returns of 1.05% and 2.33%. However, the one-year return shows a decline of 27.41%, while the S&P 500 gained 17.14%. Overall, the current bullish trend is supported by strong technical indicators, despite ...
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