Is McEwen Mining, Inc. technically bullish or bearish?
As of June 5, 2025, McEwen Mining, Inc. shows a mildly bullish trend supported by a bullish weekly MACD and Bollinger Bands, despite mixed signals from other indicators like the monthly MACD and daily moving averages.
As of 5 June 2025, the technical trend for McEwen Mining, Inc. has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive sentiment, while the monthly MACD is mildly bearish, indicating some caution. The RSI on a monthly basis is bullish, which is a positive sign, although the weekly RSI shows no signal. Bollinger Bands are bullish on both weekly and monthly time frames, reinforcing the upward momentum. However, moving averages on the daily chart are mildly bearish, suggesting short-term weakness. The KST is bullish weekly but mildly bearish monthly, and Dow Theory indicates a mildly bearish stance weekly but mildly bullish monthly. Overall, the current technical stance is mildly bullish, driven primarily by the bullish weekly MACD and Bollinger Bands, despite some mixed signals from other indicators.
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