Is China Natural Resources, Inc. technically bullish or bearish?

Jun 25 2025 08:20 AM IST
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As of June 17, 2025, the trend is bullish due to positive daily moving averages and a bullish weekly MACD, but caution is advised due to bearish weekly and monthly RSI readings indicating potential overbought conditions.
As of 17 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish, driven primarily by the daily moving averages indicating a bullish signal. The weekly MACD is also bullish, supporting the upward momentum. However, the weekly and monthly RSI readings are bearish, suggesting potential overbought conditions that could lead to a pullback. The Bollinger Bands show a mildly bullish trend on the weekly and bullish on the monthly, indicating price volatility may be expanding positively. Overall, while the trend is bullish, the strength is tempered by bearish RSI readings, indicating caution in the short term.
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