Is Shipping Land technically bullish or bearish?

Jul 18 2025 08:08 AM IST
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As of July 17, 2025, Shipping Land's trend is mildly bearish, influenced by daily moving averages and OBV, despite a mildly bullish MACD, indicating a cautious outlook due to mixed signals.
As of 17 July 2025, the technical trend for Shipping Land has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the weekly Dow Theory also showing a mildly bearish signal. The MACD on a weekly basis is mildly bullish, but this is countered by the overall bearish indicators from the daily moving averages and OBV, which is mildly bearish on a weekly basis. 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 the bearish indicators currently holding more weight.
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