Is Middlefield Banc Corp. technically bullish or bearish?

Jun 25 2025 08:33 AM IST
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As of June 20, 2025, Middlefield Banc Corp. has shifted to a bullish trend, supported by strong MACD and moving averages, though caution is advised due to mixed signals from other indicators.
As of 20 June 2025, the technical trend for Middlefield Banc Corp. has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and moving averages are also bullish on the daily chart. The KST is bullish on both weekly and monthly time frames, reinforcing the positive outlook. While the Bollinger Bands and Dow Theory show mildly bullish signals, the lack of signals from the RSI and OBV suggests a cautious approach. Overall, the strength of the bullish trend is supported by multiple indicators, particularly in the MACD and moving averages.
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