Is Dolphin Offshore technically bullish or bearish?
As of July 9, 2025, the market trend is mildly bullish, supported by positive weekly indicators like the MACD and RSI, though daily moving averages show short-term weakness, leading to a cautiously optimistic outlook.
As of 9 July 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on the weekly chart and a bullish RSI on the monthly chart. Additionally, Bollinger Bands are bullish on both weekly and monthly time frames. However, the daily moving averages remain mildly bearish, indicating some short-term weakness. The Dow Theory shows a mildly bullish stance on the monthly chart, while the KST is bullish weekly but mildly bearish monthly. Overall, the mixed signals suggest a cautiously optimistic outlook, with strength primarily in the weekly indicators.
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