Is Nabors Energy Transition Corp. II technically bullish or bearish?

Jun 25 2025 09:21 AM IST
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As of March 24, 2025, the trend is mildly bullish, supported by daily moving averages, but mixed signals from weekly MACD and RSI indicate short-term weakness, suggesting a cautious bullish outlook.
As of 24 March 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by daily moving averages indicating bullish momentum. However, the weekly MACD and RSI are both mildly bearish, suggesting some weakness in the short term. The Bollinger Bands show a mildly bullish trend on the weekly chart and bullish on the monthly chart, while Dow Theory indicates a mildly bullish stance on the monthly timeframe. Overall, the mixed signals from various indicators suggest a cautious bullish outlook.
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