Is New Fortress Energy, Inc. technically bullish or bearish?

As of 25 February 2025, the technical trend for New Fortress Energy, Inc. has changed from mildly bearish to bearish. The current technical stance is bearish with a strong indication of weakness. Key indicators driving this stance include bearish signals from the MACD on both the weekly and monthly time frames, bearish readings from Bollinger Bands and KST, and a bearish moving average on the daily chart. The RSI shows a bullish signal on the weekly but lacks confirmation on the monthly, indicating mixed signals. Overall, the bearish trend is reinforced by the lack of upward momentum in the Dow Theory and the significant negative returns compared to the S&P 500 across multiple time frames.