Is PrimeEnergy Resources Corp. technically bullish or bearish?

As of 17 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by a combination of indicators. The weekly MACD remains bearish, while the monthly MACD is mildly bearish, indicating a lack of strong upward momentum. The weekly RSI is bullish, suggesting some short-term strength, but the monthly RSI shows no signal, indicating uncertainty in the longer term. Moving averages are bearish on the daily timeframe, reinforcing the negative outlook. The Bollinger Bands present a mixed picture with a bearish weekly signal and a mildly bullish monthly signal. Dow Theory aligns with a mildly bearish stance on both weekly and monthly timeframes. Overall, the indicators suggest a cautious outlook with potential for short-term fluctuations but a prevailing bearish sentiment.