Is Stock Yards Bancorp, Inc. technically bullish or bearish?
As of May 7, 2025, the technical trend for Stock Yards Bancorp, Inc. has shifted to bullish, supported by strong MACD and Bollinger Bands indicators, although caution is advised due to a mildly bearish signal from Dow Theory on the weekly chart.
As of 7 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 Bollinger Bands also indicate a bullish trend in both time frames. Daily moving averages confirm a bullish outlook as well. However, the Dow Theory shows a mildly bearish signal on the weekly chart, which suggests some caution. Overall, the strength of the bullish trend is reinforced by the positive performance compared to the S&P 500, particularly over the past year, where Stock Yards Bancorp, Inc. has outperformed significantly.
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