Is Caledonia Mining Corp. Plc technically bullish or bearish?
As of May 7, 2025, the technical trend is bullish with strong indicators like MACD and Bollinger Bands supporting this view, although the weekly RSI suggests some short-term weakness.
As of 7 May 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, while Bollinger Bands also indicate bullishness on both time frames. Daily moving averages are bullish, reinforcing the positive momentum. However, the weekly RSI is bearish, which suggests some short-term weakness. Dow Theory shows no trend on the weekly but is mildly bullish on the monthly, and the KST is bullish on both time frames. Overall, the strength of the bullish stance is supported by multiple indicators, despite the bearish weekly RSI.
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