Is CECO Environmental Corp. technically bullish or bearish?
As of June 17, 2025, the technical trend is mildly bullish, supported by a bullish weekly MACD and Bollinger Bands, although caution is advised due to mixed signals from other indicators like the daily moving averages and monthly MACD.
As of 17 June 2025, the technical trend has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive outlook, while the monthly MACD is mildly bearish, indicating some caution. The Bollinger Bands are bullish on both weekly and monthly time frames, reinforcing the upward momentum. However, the daily moving averages are mildly bearish, suggesting short-term weakness. The KST is bullish on the weekly but mildly bearish on the monthly, and Dow Theory indicates a mildly bullish stance on the monthly. Overall, the current technical stance is mildly bullish, driven primarily by the bullish weekly MACD and Bollinger Bands, despite some mixed signals from other indicators.
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