Is CNX Resources Corp. technically bullish or bearish?

Jun 25 2025 08:26 AM IST
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As of June 18, 2025, CNX Resources Corp. shows a mildly bullish trend supported by the weekly MACD and Bollinger Bands, despite mixed signals from monthly indicators and short-term bearish daily moving averages.
As of 18 June 2025, the technical trend for CNX Resources Corp. has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive sentiment, while the monthly MACD remains mildly bearish, indicating some caution. The Bollinger Bands are showing a mildly bullish signal on the weekly chart and bullish on the monthly, reinforcing the upward momentum. The Dow Theory also indicates a mildly bullish stance on both weekly and monthly time frames. However, the daily moving averages are mildly bearish, suggesting short-term weakness. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, despite some mixed signals from the monthly indicators.
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