Technical Momentum Shifts and Market Performance Insights
Technical Momentum and Indicator Overview
Ethos’s technical trend has transitioned from a bullish stance to a mildly bullish one, signalling a subtle change in market sentiment. On the weekly chart, the Moving Average Convergence Divergence (MACD) indicator remains bullish, suggesting that momentum is still supportive of upward price movement in the short term. However, the monthly MACD presents a mildly bearish tone, indicating that longer-term momentum may be facing some headwinds.
The Relative Strength Index (RSI), a momentum oscillator that measures the speed and change of price movements, currently shows no definitive signal on both weekly and monthly timeframes. This neutrality suggests that Ethos is neither overbought nor…
