Is Greenfire Resources Ltd. technically bullish or bearish?

Jun 25 2025 09:24 AM IST
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As of June 11, 2025, Greenfire Resources Ltd. is in a mildly bearish trend, indicated by daily moving averages and monthly MACD signals, despite some mildly bullish indicators, with overall performance showing significant declines compared to the S&P 500.
As of 11 June 2025, the technical trend for Greenfire Resources Ltd. has changed from bearish to mildly bearish. The current technical stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the monthly MACD showing a bearish signal. While the weekly KST and Dow Theory are mildly bullish, the overall indicators suggest weakness, particularly with the Bollinger Bands and monthly Dow Theory both reflecting bearish conditions. The stock's recent performance shows a significant decline year-to-date and over the past year compared to the S&P 500, further supporting the bearish outlook.
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