Is The Cato Corp. technically bullish or bearish?
As of June 9, 2025, The Cato Corp. exhibits a mildly bearish trend, influenced by daily moving averages and Bollinger Bands, despite some conflicting signals from weekly indicators.
As of 9 June 2025, the technical trend for The Cato Corp. has changed from bearish to mildly bearish. The current technical stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish outlook and the Bollinger Bands showing a mildly bearish trend on both weekly and monthly time frames. Although the weekly MACD and KST are mildly bullish, they are overshadowed by the overall bearish signals from the monthly indicators, including the MACD and Dow Theory. The RSI shows no signal, indicating a lack of momentum in either direction. Overall, the strength of the bearish stance is moderate, with some conflicting signals present in the shorter time frames.
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