Is Monarch Casino & Resort, Inc. technically bullish or bearish?
As of June 17, 2025, the technical trend is mildly bullish, supported by positive weekly and monthly MACD and Bollinger Bands, although daily moving averages present some caution.
As of 17 June 2025, the technical trend has changed from sideways to mildly bullish. The weekly and monthly MACD indicators are bullish, supporting the positive outlook. Bollinger Bands also indicate a bullish stance on both time frames. The KST shows a mildly bullish trend weekly and bullish monthly, while Dow Theory confirms a mildly bullish position in both weekly and monthly assessments. However, daily moving averages are mildly bearish, which introduces some caution. Overall, the current technical stance is mildly bullish, driven by strong weekly and monthly indicators, despite the mixed signals from daily moving averages.
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