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Bullish Daily Trend with Cooling Intraday Momentum

Bullish Daily Trend with Cooling Intraday Momentum

SpaceX stock is trading near the top of its recent range at $140.00, comfortably above every major moving average. The daily EMA stack shows a textbook bullish alignment, though the system still labels the regime as neutral — a reminder that trend strength and confirmation are not always the same.

SPCX daily chart with EMA20, EMA50 and volume
SPCX — daily chart with candlesticks, EMA20/EMA50 and volume.

Key takeaways

  • SPCX closed at $140.00, above all three major daily EMAs — a textbook bullish alignment.
  • Daily RSI14 at 56.13 and MACD histogram at 4.22 confirm momentum is firmly positive with room to run.
  • The hourly MACD shows a bearish crossover (histogram -0.94), signaling cooling intraday momentum inside the broader uptrend.
  • Norway’s $2.3 trillion sovereign wealth…

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