Is Riley Exploration Permian, Inc. technically bullish or bearish?
As of June 18, 2025, the market trend is mildly bearish, indicated by daily moving averages and weekly Bollinger Bands, despite some bullish signals from the weekly MACD and monthly KST, leading to a cautious outlook.
As of 18 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment and the weekly Bollinger Bands also showing a bearish trend. While the weekly MACD is mildly bullish and the KST is bullish on a monthly basis, these are countered by the overall bearish signals from the monthly MACD and Bollinger Bands. The RSI shows no signal on both weekly and monthly time frames, indicating a lack of momentum. Overall, the mixed signals suggest a cautious outlook with a slight bearish bias.
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