Is Dolphin Offshore technically bullish or bearish?
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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