Is California Resources Corp. technically bullish or bearish?

Sep 20 2025 07:28 PM IST
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As of September 9, 2025, California Resources Corp. shows a strong bullish trend supported by positive MACD and Bollinger Bands indicators, despite some mixed signals, and has outperformed the S&P 500 recently, although it has underperformed over the past year and three years.
As of 9 September 2025, the technical trend for California Resources Corp. has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both weekly and monthly time frames, and Bollinger Bands also indicate a bullish trend in both time frames. Daily moving averages are bullish as well. However, the KST shows a bearish signal on the monthly, while Dow Theory and OBV are mildly bullish on both weekly and monthly time frames.

In terms of performance, California Resources Corp. has outperformed the S&P 500 over the past week and month, with returns of 9.84% and 19.31% respectively, compared to the S&P 500's 1.05% and 2.33%. However, over the past year and three years, it has underperformed the benchmark. Overall, the technical indicators suggest a strong bullish sentiment currently.
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