Is Shipping Land technically bullish or bearish?

Oct 17 2025 08:12 AM IST
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As of October 16, 2025, the technical trend is mildly bearish, indicated by mixed signals from MACD, moving averages, RSI, and Bollinger Bands, suggesting a cautious outlook.
As of 16 October 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD on a weekly basis is mildly bullish, but the daily moving averages indicate a bearish trend. The RSI shows no signal on the weekly timeframe, while it is bullish on the monthly. Bollinger Bands are mildly bearish on the weekly and sideways on the monthly, suggesting a lack of strong momentum. Dow Theory confirms a mildly bearish stance on both weekly and monthly timeframes. Overall, the mixed signals indicate a cautious outlook with a slight bearish inclination.
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