Is Dolphin Offshore technically bullish or bearish?

Jul 09 2025 08:05 AM IST
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As of July 8, 2025, Dolphin Offshore's trend has shifted to mildly bearish, indicated by daily moving averages and monthly MACD signals, despite some mildly bullish signs from weekly indicators and a recent 1-week return of -4.08%.
As of 8 July 2025, the technical trend for Dolphin Offshore has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the monthly MACD showing a mildly bearish signal. While the weekly MACD and Bollinger Bands are mildly bullish, the overall indicators suggest weakness, particularly with the stock's recent performance, including a 1-week return of -4.08% compared to a slight gain in the Sensex. The Dow Theory indicates no trend on the weekly timeframe, further supporting a cautious outlook.
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