Is Genie Energy Ltd. technically bullish or bearish?
As of June 2, 2025, the technical trend is bullish with strong indicators like a bullish MACD and moving averages, though caution is advised due to bearish RSI signals on longer time frames.
As of 2 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 MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands are also indicating bullish momentum. Daily moving averages confirm a bullish trend. However, the RSI shows bearish signals on both weekly and monthly time frames, which suggests some caution. The KST is bullish weekly but mildly bearish monthly, and Dow Theory indicates a mildly bullish stance on both time frames. Overall, the strength of the bullish trend is reinforced by the significant returns compared to the S&P 500, particularly in the 1-month (36.22% vs. 3.83%) and year-to-date (71.78% vs. 2.44%) periods.
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