What Do Indicators In UNUS SED LEO (LEO) Points At?

Jul 25

Indicators signify strong uncertainity to slight bullish perception. For example, the overall trend developed at the start of 2024 turned LEO's primary trend sentiment bullish, with a 65% advancement in price from $3.75 to $6.18 within 45 days.

As of writing, it has been witnessed that the LEO has been above the 200-day EMA band in the past 12-month span. However, the 50-day shorter band displayed mild bullishness or a sideways reaction of the price, as in the last 128 days, it traded near the orange band.

MACD has also witnessed a steep reaction to its price consolidation, where the signal and MACD lines overlapped from a longer span, where the histogram was at 0.00572.

Likewise, the RSI has also flashed a horizontal reaction to the LEO's price. It was noticed that the RSI was slightly above 14-SMA, and the median line was 52.26.