Is Chord Energy Corp. technically bullish or bearish?
As of April 2, 2024, Chord Energy Corp. shows a bullish trend based on weekly indicators, despite mixed monthly signals and mildly bearish daily moving averages, suggesting a moderate bullish outlook with caution.
As of 2 April 2024, the technical trend for Chord Energy Corp. has changed from mildly bullish to bullish. The current stance is bullish, driven primarily by the weekly MACD indicating mild bullishness and the KST also showing mild bullishness on the weekly timeframe. However, the monthly indicators present a mixed picture with the MACD and KST both bearish. The daily moving averages are mildly bearish, suggesting some short-term weakness. Overall, while the weekly indicators support a bullish outlook, the monthly and daily trends indicate caution, leading to a moderate bullish stance.
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