Is Suburban Propane Partners LP technically bullish or bearish?
As of June 2, 2025, Suburban Propane Partners LP exhibits a mildly bearish trend, primarily indicated by bearish weekly MACD and KST signals, despite some mildly bullish daily moving averages.
As of 2 June 2025, the technical trend for Suburban Propane Partners LP has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven primarily by the weekly MACD and KST indicators, both showing bearish signals. The Bollinger Bands also confirm a bearish outlook on the weekly timeframe. While the daily moving averages indicate a mildly bullish stance, this is outweighed by the overall bearish signals from the weekly and monthly indicators. The Dow Theory presents a mildly bullish view on the weekly but remains bearish on the monthly, adding to the mixed signals. Overall, the strength of the bearish trend is supported by the prevailing indicators across multiple timeframes.
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