Is Scorpio Tankers, Inc. technically bullish or bearish?
As of May 1, 2025, Scorpio Tankers, Inc. shows a mildly bearish trend due to daily moving averages, while weekly indicators suggest mild bullishness, indicating mixed signals and significant downward pressure in the long term.
As of 1 May 2025, the technical trend for Scorpio Tankers, Inc. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish position, while the weekly MACD and KST show a mildly bullish outlook. The Bollinger Bands on a weekly basis are also mildly bullish, but the monthly indicators, including MACD and KST, remain bearish. Overall, the mixed signals across different time frames suggest a lack of strong momentum in either direction, with the company facing significant downward pressure over the longer term.
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