Is Dolphin Offshore technically bullish or bearish?

Jul 10 2025 08:05 AM IST
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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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