Is Ranger Energy Services, Inc. technically bullish or bearish?

Jun 25 2025 09:01 AM IST
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As of June 6, 2025, the market trend is mildly bearish due to mixed signals from moving averages, MACD, and Bollinger Bands across different time frames, suggesting a cautious approach.
As of 6 June 2025, the technical trend has changed from bearish to mildly bearish. The current technical stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish sentiment and the weekly KST showing a bearish trend. The MACD on the weekly chart is mildly bullish, but the monthly MACD is mildly bearish, creating a mixed signal. Additionally, the Bollinger Bands on the weekly are bearish while the monthly are bullish, further contributing to the overall neutral to mildly bearish outlook. The Dow Theory reflects a mildly bullish stance on the weekly but is bearish on the monthly, indicating a lack of strong conviction in either direction. Overall, the indicators suggest a cautious approach given the mixed signals across different time frames.
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