Is KLX Energy Services Holdings, Inc. technically bullish or bearish?

Jun 25 2025 09:06 AM IST
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As of June 10, 2025, the market trend is mildly bearish due to daily moving averages and weekly Bollinger Bands indicating bearish conditions, despite some mixed signals from the MACD and RSI suggesting a cautious outlook.
As of 10 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend and the weekly Bollinger Bands also showing bearish conditions. While the MACD on the weekly chart is mildly bullish, the monthly MACD and KST remain bearish, which adds to the overall bearish sentiment. The Dow Theory supports a mildly bullish view on the weekly timeframe, but the monthly perspective is bearish. The RSI shows no signals on both weekly and monthly timeframes, indicating a lack of momentum. Overall, the mixed signals suggest a cautious outlook with a slight bearish bias.
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