Is Blue Gold Ltd. technically bullish or bearish?

As of October 1, 2023, Blue Gold Ltd. has a bearish technical stance with mixed signals, showing mild bearishness in daily moving averages and Bollinger Bands, while significantly outperforming the S&P 500 in the past week but underperforming over longer periods.

As of 1 October 2023, the technical stance for Blue Gold Ltd. is bearish with mild strength. The weekly MACD is bearish, while the monthly MACD is bullish, indicating mixed signals. The daily moving averages are bearish, and both the weekly and monthly Bollinger Bands are mildly bearish. The KST shows a mildly bearish stance weekly and bullish monthly, while Dow Theory indicates a mildly bullish weekly but mildly bearish monthly outlook. The OBV is also mildly bearish. Over the past week, the stock has significantly outperformed the S&P 500, returning 52.56% compared to 1.05%, but it has underperformed over longer periods, such as YTD and 1Y returns.