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

As of 3 October 2025, the technical trend for New Fortress Energy, Inc. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating mild bullishness but the monthly MACD showing bearishness. The Bollinger Bands are bearish on the weekly and mildly bearish on the monthly, while moving averages are mildly bearish on the daily. Additionally, the KST and Dow Theory both reflect bearish signals on the weekly timeframe.
In terms of performance, the stock has significantly underperformed compared to the S&P 500, with a year-to-date return of -83.93% versus the S&P 500's 14.18%, and a one-year return of -75.92% compared to the S&P 500's 17.82%.