Is PHX Minerals, Inc. technically bullish or bearish?
As of May 9, 2025, the trend is bullish with strong MACD and moving averages supporting this view, although caution is advised due to a bearish signal from Dow Theory on the weekly chart.
As of 9 May 2025, the technical trend 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 the moving averages are bullish on the daily chart. Additionally, Bollinger Bands indicate a bullish trend on the monthly time frame. However, the Dow Theory shows a bearish signal on the weekly chart, which suggests some caution. Overall, the strength of the bullish stance is supported by the positive momentum from the MACD and moving averages, despite the mixed signals from Dow Theory.
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