Is Murphy Oil Corp. technically bullish or bearish?

As of 3 October 2025, the technical trend for Murphy Oil Corp. has changed from mildly bearish to mildly bullish. The weekly MACD is bullish, and the daily moving averages are also bullish, supporting the positive stance. However, the monthly MACD is only mildly bullish, and the Bollinger Bands indicate a mildly bearish trend on that same timeframe. The Dow Theory shows a mildly bullish signal for both weekly and monthly periods.
In terms of performance, Murphy Oil has outperformed the S&P 500 over the past week and month, with returns of 5.94% and 23.06% respectively, compared to the S&P 500's 1.09% and 4.15%. However, the longer-term returns are less favorable, with a 1Y return of -14.90% versus the S&P 500's 17.82% and a 3Y return of -29.49% compared to 82.57%. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and moving averages.