Is Martin Midstream Partners LP technically bullish or bearish?

As of 2 September 2025, the technical trend for Martin Midstream Partners LP has changed from sideways to mildly bearish. The current stance is bearish, driven by daily moving averages indicating a bearish trend, while the weekly Bollinger Bands also suggest a mildly bearish outlook. The MACD shows a mildly bullish signal on the weekly chart but is mildly bearish on the monthly chart, indicating mixed signals across time frames. The KST is bullish weekly but mildly bearish monthly, and the OBV is mildly bullish on a monthly basis, suggesting some underlying strength despite the overall bearish sentiment.
In terms of performance, the stock has underperformed against the S&P 500 across multiple periods, with a year-to-date return of -14.48% compared to the S&P 500's 12.22%, and a 3-year return of -21.08% versus the S&P 500's 70.41%.