Is Forum Energy Technologies, Inc. technically bullish or bearish?

Jun 25 2025 08:51 AM IST
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As of June 17, 2025, Forum Energy Technologies, Inc. shows a mildly bullish trend overall, supported by bullish MACD and Bollinger Bands, despite mixed signals from daily moving averages and other indicators.
As of 17 June 2025, the technical trend for Forum Energy Technologies, Inc. has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting a positive outlook, while the monthly MACD is mildly bullish, indicating some strength. The Bollinger Bands are also signaling mildly bullish on the weekly and bullish on the monthly, reinforcing the upward momentum. However, the daily moving averages are mildly bearish, which presents a mixed signal in the short term. The KST shows bearish on the weekly but mildly bullish on the monthly, and Dow Theory indicates mildly bullish on the weekly but mildly bearish on the monthly. Overall, the current technical stance is mildly bullish, driven primarily by the MACD and Bollinger Bands, despite some conflicting signals from other indicators.
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