Is ProPetro Holding Corp. technically bullish or bearish?
As of June 5, 2025, the market trend is mildly bearish, indicated by daily moving averages and weekly Bollinger Bands, despite some mildly bullish signals from the MACD and KST, while overall monthly indicators and the stock's performance against the S&P 500 show continued weakness.
As of 5 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the Bollinger Bands on the weekly chart also showing bearish signals. While the weekly MACD and KST are mildly bullish, the overall monthly indicators remain bearish, including the MACD and Dow Theory. The RSI shows no signals in both weekly and monthly time frames, indicating a lack of momentum. The stock's recent performance against the S&P 500 further reflects weakness, particularly in the year-to-date and one-year returns.
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