Is Granite Ridge Resources, Inc. technically bullish or bearish?

As of 10 May 2024, the technical trend for Granite Ridge Resources, Inc. has changed from bullish to mildly bullish. The weekly MACD and KST indicators are both mildly bullish, supporting a positive short-term outlook. The Bollinger Bands on the weekly chart also indicate a mildly bullish stance, while the monthly Bollinger Bands are bullish, suggesting potential upward momentum. However, the daily moving averages are mildly bearish, indicating some weakness in the short-term trend. The Dow Theory shows a mildly bullish signal on the weekly timeframe but bearish on the monthly, which adds to the mixed signals. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and KST indicators, despite some bearish signals from daily moving averages.