Is Delek Logistics Partners LP technically bullish or bearish?

Jun 25 2025 08:41 AM IST
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As of June 11, 2025, Delek Logistics Partners LP shows a mildly bullish trend supported by positive MACD, RSI, and Bollinger Bands, despite mixed signals from daily moving averages and Dow Theory suggesting caution.
As of 11 June 2025, the technical trend for Delek Logistics Partners LP has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting a positive outlook, while the monthly MACD is mildly bullish, indicating some strength. The RSI shows a bullish signal on the monthly timeframe, further reinforcing the bullish stance. Bollinger Bands are mildly bullish on the weekly and bullish on the monthly, suggesting upward price momentum. The KST is bullish weekly and mildly bullish monthly, adding to the positive indicators. However, the daily moving averages are mildly bearish, which presents a mixed signal. Dow Theory indicates no trend on the weekly and mildly bearish on the monthly, suggesting caution. Overall, the current technical stance is mildly bullish, driven primarily by the MACD, RSI, and Bollinger Bands.
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