Is Empire Petroleum Corp. technically bullish or bearish?

As of 9 September 2025, the technical trend for Empire Petroleum Corp. has changed from mildly bearish to bearish. The current stance is bearish with a strong indication from multiple technical indicators. The MACD is bearish on both weekly and monthly time frames, and moving averages are also bearish on a daily basis. Additionally, Bollinger Bands and Dow Theory show bearish signals on the monthly time frame, while KST is mildly bullish on a monthly basis but bearish weekly. The stock has underperformed significantly compared to the S&P 500 across multiple periods, with a year-to-date return of -45.92% versus the S&P 500's 12.22%. Overall, the technical outlook is bearish with considerable weakness.