Is Enterprise Bancorp, Inc. technically bullish or bearish?
As of June 6, 2025, Enterprise Bancorp, Inc. shows a bullish technical trend supported by positive MACD and moving averages, despite some caution from the Dow Theory's bearish monthly outlook.
As of 6 June 2025, the technical trend for Enterprise Bancorp, Inc. has changed from mildly bullish to bullish. The weekly and monthly MACD indicators are bullish, supporting a positive outlook. Daily moving averages also indicate a bullish stance. However, the Dow Theory shows a bearish trend on the monthly timeframe, which introduces some caution. The Bollinger Bands are mildly bullish on both weekly and monthly charts, while the KST is bullish in both timeframes. The OBV is mildly bearish on the weekly but shows no trend monthly.In terms of performance, the stock has outperformed the S&P 500 over the past year with a return of 65.86% compared to the S&P 500's 17.14%, but it has lagged over longer periods like 3 years and 5 years. Overall, the current technical stance is bullish, with a strong emphasis on the MACD and moving averages.
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