Is Energy Recovery, Inc. technically bullish or bearish?

Oct 05 2025 11:51 AM IST
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As of October 3, 2025, Energy Recovery, Inc. shows a bullish technical trend with strong upward momentum indicated by the MACD and Bollinger Bands, despite mixed longer-term performance, having outperformed the S&P 500 recently but lagged over the past year.
As of 3 October 2025, the technical trend for Energy Recovery, Inc. has changed from mildly bullish to bullish. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are bullish, indicating strong upward momentum. Daily moving averages also confirm a bullish stance. However, the RSI shows no signal on both weekly and monthly time frames, suggesting a lack of overbought or oversold conditions.

In terms of performance, the stock has outperformed the S&P 500 over the past week and month, returning 2.94% and 11.84% respectively, while it has lagged behind the benchmark over longer periods, including a -7.29% return over the past year compared to the S&P 500's 17.82%. Overall, the current technical stance is bullish, supported by multiple indicators, although caution is warranted due to mixed longer-term performance.
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Our weekly and monthly stock recommendations are here
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