Is Mammoth Energy Services, Inc. technically bullish or bearish?
As of April 16, 2025, the market trend is mildly bearish due to daily moving averages and weekly RSI indicating bearish momentum, though conflicting signals from the weekly MACD, KST, and Bollinger Bands suggest a lack of strong conviction in either direction.
As of 16 April 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the weekly RSI showing bearish momentum. However, the weekly MACD and KST are mildly bullish, suggesting some positive momentum in the short term. The Bollinger Bands on the weekly chart are bullish, which adds some conflicting signals. Overall, the mixed indicators reflect a lack of strong conviction in either direction, leading to a mildly bearish outlook.
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