Is Dolphin Offshore technically bullish or bearish?

Aug 09 2025 08:08 AM IST
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As of August 8, 2025, Dolphin Offshore's trend has shifted to mildly bearish, influenced by daily moving averages and weekly Dow Theory, despite mixed signals from the MACD and Bollinger Bands.
As of 8 August 2025, the technical trend for Dolphin Offshore has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating bearishness and the weekly Dow Theory suggesting a mildly bearish outlook. The MACD shows a bullish signal on the weekly but is mildly bearish on the monthly, creating a mixed picture. The Bollinger Bands are bearish on the monthly and sideways on the weekly, further supporting the bearish sentiment. Overall, the indicators suggest a weak bearish trend with some conflicting signals in the longer time frames.
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