Is OceanPal, Inc. technically bullish or bearish?

Jun 25 2025 09:16 AM IST
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As of June 20, 2025, OceanPal, Inc. exhibits a neutral technical outlook with mixed signals, as the weekly MACD is bullish, monthly MACD is mildly bullish, but both weekly and monthly RSI readings are bearish, indicating a lack of strong momentum.
As of 20 June 2025, the technical trend for OceanPal, Inc. has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed signals across various indicators. The weekly MACD remains bullish, while the monthly MACD is mildly bullish. However, the weekly and monthly RSI readings are both bearish, indicating weakness in momentum. The Bollinger Bands show bullish conditions on both weekly and monthly time frames, suggesting potential price volatility to the upside. Moving averages on the daily chart are mildly bearish, which contrasts with the monthly Dow Theory showing a mildly bullish stance. Overall, the lack of a clear trend and mixed signals suggest a neutral outlook with no strong bullish or bearish momentum at this time.
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