Is Shore Bancshares, Inc. technically bullish or bearish?
As of June 2, 2025, Shore Bancshares, Inc. shows a mildly bullish trend supported by bullish MACD and Bollinger Bands, despite some caution from daily moving averages and mixed signals from Dow Theory.
As of 2 June 2025, the technical trend for Shore Bancshares, Inc. has changed from sideways to mildly bullish. The weekly and monthly MACD are both bullish, supporting the positive outlook. Bollinger Bands also indicate bullish conditions on both time frames. However, daily moving averages are mildly bearish, which introduces some caution. The KST shows a mildly bullish stance weekly and bullish monthly, while Dow Theory reflects a mildly bearish weekly but mildly bullish monthly perspective. Overall, the current technical stance is mildly bullish, driven primarily by the bullish MACD and Bollinger Bands, despite some mixed signals from moving averages and Dow Theory.
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