Is Carter Bankshares, Inc. technically bullish or bearish?
As of June 18, 2025, Carter Bankshares, Inc. shows a mildly bullish trend overall, supported by positive indicators like the weekly MACD and Bollinger Bands, despite some caution from daily moving averages.
As of 18 June 2025, the technical trend for Carter Bankshares, Inc. has changed from sideways to mildly bullish. The current technical stance is mildly bullish, driven by several key indicators. The MACD on a weekly basis is mildly bullish, while the monthly MACD is mildly bearish, indicating some divergence. Bollinger Bands are bullish on both weekly and monthly time frames, supporting upward price movement. The KST is mildly bullish weekly and bullish monthly, reinforcing the positive outlook. Dow Theory also aligns with a mildly bullish stance on both weekly and monthly charts. However, daily moving averages are mildly bearish, suggesting caution in the short term. Overall, the strength of the bullish sentiment is moderate, influenced by the mixed signals from different time frames.
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