Is Contango ORE, Inc. technically bullish or bearish?
As of June 11, 2025, the technical trend is bullish with strong indicators like a bullish MACD and moving averages, although the weekly RSI shows short-term weakness and mixed signals are present in the KST.
As of 11 June 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are bullish. Daily moving averages also indicate a bullish trend. However, the weekly RSI is bearish, suggesting some short-term weakness. The KST is bullish on the weekly but bearish on the monthly, indicating mixed signals over different time frames. Overall, the strength of the bullish stance is reinforced by the significant price increase over the past month and year, outperforming the S&P 500.
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