Is Gulf Oil Lubric. technically bullish or bearish?
As of June 20, 2025, the trend has shifted to mildly bullish, supported by bullish indicators on the weekly and daily charts, though caution is advised due to mixed signals in the longer time frames.
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 chart and a bullish signal from the daily moving averages. The Bollinger Bands indicate 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. The Dow Theory shows a mildly bullish stance on the monthly timeframe, while the weekly shows no trend. Overall, the strength of the bullish signal is moderate, with some mixed indicators in the longer time frames.
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