Is TXO Partners LP technically bullish or bearish?
As of May 14, 2025, the market trend has shifted to bearish, supported by bearish indicators like the MACD, moving averages, and KST, despite a bullish RSI, with the stock declining 27.45% over the past year.
As of 14 May 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly timeframe, bearish moving averages on the daily timeframe, and a bearish KST on the weekly. While the RSI on the weekly is bullish, it is overshadowed by the overall bearish signals from Bollinger Bands and the Dow Theory, which indicates a bearish monthly trend. The stock's recent performance shows a decline of 27.45% over the past year, further supporting the bearish outlook.
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