Is Chesapeake Utilities Corp. technically bullish or bearish?

Jun 25 2025 08:13 AM IST
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As of May 9, 2025, the market trend is mildly bullish, supported by daily moving averages, but mixed signals from weekly indicators and Dow Theory suggest a cautious outlook.
As of 9 May 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by the daily moving averages indicating mild bullishness. However, the weekly MACD and KST are bearish, while the Bollinger Bands show a mildly bearish signal on the weekly timeframe. The monthly indicators, including MACD and KST, are bullish, which provides some strength to the overall mildly bullish view. The Dow Theory indicates a mildly bearish stance on the weekly timeframe, adding some caution. Overall, the mixed signals suggest a cautious bullish outlook with moderate strength.
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