Is Gulf Oil Lubric. technically bullish or bearish?
As of June 20, 2025, the trend has shifted to mildly bullish, supported by positive weekly MACD and daily moving averages, though caution is advised due to mixed signals from longer-term metrics.
As of 20 June 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly timeframe and bullish moving averages on the daily timeframe. Bollinger Bands are indicating a mildly bullish trend on the weekly and a bullish trend on the monthly. However, the monthly MACD and KST remain mildly bearish, suggesting some caution. Overall, while there are strong bullish indicators, the mixed signals from longer-term metrics indicate a moderate strength in the bullish outlook.
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