Is Mesabi Trust technically bullish or bearish?
As of June 11, 2025, the trend is mildly bullish due to bullish monthly MACD and KST indicators, despite bearish signals from weekly indicators and Dow Theory, suggesting a cautious bullish sentiment with some underlying weaknesses.
As of 11 June 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the monthly MACD and KST indicators, which are bullish, while the weekly MACD and KST remain bearish. The moving averages on the daily time frame also support a mildly bullish outlook. However, the weekly and monthly Dow Theory indicators are mildly bearish, indicating some caution. Overall, the mixed signals suggest a cautious bullish sentiment with underlying weaknesses in the shorter time frames.
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