Is Enterprise Products Partners LP technically bullish or bearish?

Jun 29 2025 11:48 AM IST
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As of June 27, 2025, the market trend is mildly bearish, indicated by bearish signals from the weekly MACD and KST, daily moving averages, and a mixed outlook from Bollinger Bands, with the price at 31.06, slightly below the previous close of 31.09.
As of 27 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD and KST both indicating bearish signals, while the daily moving averages also reflect a bearish trend. The Bollinger Bands show a mixed picture with a bearish weekly outlook and a bullish monthly perspective. The Dow Theory indicates a mildly bearish stance on the weekly timeframe, while the monthly shows no trend. Overall, the indicators suggest a lack of strong bullish momentum, with the price currently at 31.06, below the previous close of 31.09.
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