Is Sabine Royalty Trust technically bullish or bearish?

Jun 29 2025 11:47 AM IST
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As of June 27, 2025, Sabine Royalty Trust shows a strong bullish trend supported by positive MACD and Bollinger Bands, despite some caution from Dow Theory and OBV indicators.
As of 27 June 2025, the technical trend for Sabine Royalty Trust has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands also indicate a bullish trend in both time frames. Daily moving averages are bullish, reinforcing the positive momentum. However, Dow Theory and OBV show a mildly bearish stance on the weekly and monthly time frames, suggesting some caution. Overall, the strength of the bullish indicators outweighs the bearish signals, indicating a strong bullish outlook.
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