Is Weatherford International plc technically bullish or bearish?
As of June 2, 2025, Weatherford International plc shows a mildly bearish trend, with daily moving averages and weekly Bollinger Bands indicating bearish signals, while mixed indicators from the MACD and RSI add to the uncertainty.
As of 2 June 2025, the technical trend for Weatherford International plc has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish signal and the weekly Bollinger Bands also reflecting a bearish trend. The MACD on a weekly basis is mildly bullish, which contrasts with the monthly MACD being bearish, suggesting mixed signals. The RSI shows no signal on the weekly timeframe but is bullish on the monthly, adding to the uncertainty. Overall, while there are some mildly bullish indicators on the weekly charts, the prevailing sentiment remains bearish, particularly in the daily and monthly analyses.
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