Is Sable Offshore Corp. technically bullish or bearish?

Jun 25 2025 09:24 AM IST
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As of June 18, 2025, the trend has shifted to mildly bullish due to positive daily moving averages and KST signals, but caution is advised due to mixed signals from the weekly MACD and Bollinger Bands indicating bearishness.
As of 18 June 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating mild bullishness and the KST showing bullish signals on both weekly and monthly time frames. However, the weekly MACD remains mildly bearish, and the Bollinger Bands indicate a bearish stance on the weekly chart, which tempers the overall bullish outlook. The Dow Theory shows a mildly bearish trend on the weekly chart, adding to the mixed signals. Overall, while there are bullish indicators, the presence of bearish signals in other areas suggests caution.
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