Is KNOT Offshore Partners LP technically bullish or bearish?
As of June 11, 2025, the technical trend has shifted to bullish, supported by strong indicators like the weekly MACD and moving averages, although caution is advised due to a bearish monthly KST and Dow Theory's mildly bearish stance.
As of 11 June 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are bullish as well. Daily moving averages also confirm a bullish trend. However, the monthly KST is bearish and Dow Theory indicates a mildly bearish stance on the monthly timeframe, which introduces some caution. Overall, the strength of the bullish trend is supported by the recent price action, with today's high reaching 6.72, above the previous close of 6.64.
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