Is Empire Petroleum Corp. technically bullish or bearish?
As of June 17, 2025, Empire Petroleum Corp.'s technical trend is neutral with mixed indicators, showing mild bullish momentum on weekly and monthly MACD, but short-term weakness in daily moving averages and conflicting signals from Bollinger Bands and KST.
As of 17 June 2025, the technical trend for Empire Petroleum Corp. has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed indicators influencing the outlook. The weekly MACD is mildly bullish, suggesting some upward momentum, while the monthly MACD is also mildly bullish, reinforcing this view. However, the daily moving averages are mildly bearish, indicating short-term weakness. The Bollinger Bands show a bullish signal on the weekly chart but are mildly bearish on the monthly chart. The KST presents a bearish signal weekly but is mildly bullish monthly, and the Dow Theory indicates a mildly bullish stance weekly but mildly bearish monthly. Overall, the lack of strong directional signals in the RSI and OBV further supports a neutral position.
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