Is PHX Minerals, Inc. technically bullish or bearish?
As of May 9, 2025, PHX Minerals, Inc. shows a bullish technical trend supported by positive MACD and Bollinger Bands indicators, although caution is advised due to a bearish signal from Dow Theory, despite outperforming the S&P 500 over the past year.
As of 9 May 2025, the technical trend for PHX Minerals, Inc. has changed from mildly bullish to bullish. The weekly and monthly MACD indicators are both bullish, supporting the positive stance. The Bollinger Bands show a mildly bullish trend on the weekly and bullish on the monthly, while the daily moving averages confirm a bullish outlook. However, the Dow Theory indicates a bearish trend on the weekly timeframe, which introduces some caution. In terms of performance, PHX Minerals has outperformed the S&P 500 over the past year with a return of 36.36% compared to the S&P 500's 17.14%, but it has lagged over longer periods such as the 3-year and 5-year returns. Overall, the current technical stance is bullish, but the strength is moderated by mixed signals from Dow Theory.
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