Is Sunoco LP technically bullish or bearish?
As of June 3, 2025, Sunoco LP's technical trend is mildly bearish, supported by bearish MACD, Bollinger Bands, and KST indicators, despite mildly bullish daily moving averages.
As of 3 June 2025, the technical trend for Sunoco LP has changed from sideways to mildly bearish. The weekly MACD is bearish, and the monthly MACD is mildly bearish, indicating a negative momentum. Bollinger Bands are bearish on both weekly and monthly time frames, reinforcing the bearish outlook. The KST is bearish weekly and mildly bearish monthly, while the OBV shows a mildly bearish stance on the monthly chart. Although the daily moving averages are mildly bullish, the overall sentiment remains bearish due to the prevailing indicators. The lack of signals from the RSI further supports a neutral stance in the short term. Overall, the current technical stance is mildly bearish.
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