Is H&E Equipment Services, Inc. technically bullish or bearish?
As of May 16, 2025, the trend is mildly bullish, supported by monthly indicators, despite mixed signals from weekly metrics and a lack of strong upward momentum.
As of 16 May 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the monthly MACD and Bollinger Bands indicating bullish conditions, despite the weekly MACD and KST showing mildly bearish signals. The daily moving averages remain bullish, supporting the overall positive outlook. However, the weekly Dow Theory and OBV suggest a lack of strong upward momentum. Overall, while there are mixed signals, the prevailing trend leans towards a mildly bullish position.
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