Is Essent Group Ltd. technically bullish or bearish?

Jun 25 2025 08:39 AM IST
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As of June 17, 2025, Essent Group Ltd. shows a mildly bullish trend supported by bullish MACD and Bollinger Bands, despite some bearish signals from daily moving averages.
As of 17 June 2025, the technical trend for Essent Group Ltd. has changed from sideways to mildly bullish. The current technical stance is mildly bullish, supported by a bullish MACD on the weekly timeframe and bullish Bollinger Bands on both weekly and monthly timeframes. The Dow Theory also indicates a mildly bullish stance on both weekly and monthly charts. However, the daily moving averages are mildly bearish, which tempers the overall bullish sentiment. The stock has shown strong performance relative to the S&P 500 over the past week and month, further supporting the bullish outlook.
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