Is Imperial Petroleum, Inc. technically bullish or bearish?
As of June 13, 2025, the technical trend is mildly bullish, supported by bullish weekly and monthly MACD and Bollinger Bands, despite some short-term weakness indicated by daily moving averages and a mildly bearish KST on the weekly timeframe.
As of 13 June 2025, the technical trend has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive outlook, while the monthly MACD is mildly bullish, indicating sustained upward momentum. The Bollinger Bands are also showing a mildly bullish signal on the weekly chart and bullish on the monthly chart. However, daily moving averages are mildly bearish, suggesting some short-term weakness. The KST is mildly bearish on the weekly timeframe, but there is no signal on the monthly. Dow Theory indicates a mildly bullish stance on the monthly, while the weekly shows no trend. Overall, the current technical stance is mildly bullish, driven primarily by the MACD and Bollinger Bands on the weekly and monthly timeframes.
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