Is Brooge Energy Ltd. technically bullish or bearish?
As of June 4, 2025, Brooge Energy Ltd. shows a bullish trend supported by weekly MACD and KST indicators, despite mixed signals from Bollinger Bands and a lack of clear trends in Dow Theory and OBV.
As of 4 June 2025, the technical trend for Brooge Energy Ltd. has changed from mildly bullish to bullish. The weekly MACD is bullish, supporting the overall bullish stance, while the monthly MACD is mildly bullish, indicating some strength. The daily moving averages are also mildly bullish, contributing positively to the trend. However, the Bollinger Bands show a mixed signal with a mildly bullish weekly outlook but a bearish monthly perspective. The KST is bullish on the weekly and mildly bullish on the monthly, reinforcing the bullish sentiment. Despite the lack of clear trends in the Dow Theory and OBV, the overall technical indicators suggest a bullish stance with moderate strength.
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