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Bullish Trend Holds Amid Short-Term Risks

Bullish Trend Holds Amid Short-Term Risks

SpaceX stock presents an interesting crossroads. SPCX closed at $147.95, firmly above all major daily moving averages. Yet intraday signals are flashing caution. The broader uptrend remains intact, but shorter timeframes suggest the rally is pausing rather than accelerating further.

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

Key takeaways

  • SPCX closed at $147.95, holding above its EMA20, EMA50, and EMA200 on the daily chart
  • Daily RSI14 sits at 59.18, signaling bullish momentum with room before overbought conditions
  • Hourly MACD has flipped negative with a -0.2 histogram, pointing to near-term cooling
  • The 15-minute RSI14 at 41.06 confirms short-term selling pressure within an intact daily uptrend
  • Bearish analysts…

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