Is Montauk Renewables, Inc. technically bullish or bearish?

Jun 25 2025 09:08 AM IST
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As of June 20, 2025, Montauk Renewables, Inc. shows a mildly bearish trend, driven by daily moving averages and monthly indicators, despite some weak bullish signals, indicating limited upside potential in the near term.
As of 20 June 2025, the technical trend for Montauk Renewables, Inc. has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating bearish momentum and the monthly MACD and KST showing bearish signals. The Bollinger Bands on a weekly basis also reflect a bearish outlook. While the weekly MACD and KST are mildly bullish, they are not strong enough to offset the overall bearish indicators. The Dow Theory confirms a bearish trend on a monthly basis. Overall, the technical indicators suggest a weak bearish sentiment with limited upside potential in the near term.
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