Weatherford International plc (WFRD, $45.41) entered Downtrend as Momentum indicator drops below 0 level on Apr 03, 2025

#OilfieldServicesEquipment, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #MidCap, #Russel2000
WFRD - Weatherford International plc
Momentum signal
Bearish Trend
80%
Odds of DOWN Trend
Price: $45.41
Daily change: -$8.85 (-16.31%)
Daily volume: 2M
Capitalization: $3.3B
Industry: Oilfield Services/Equipment

This indicator may be signaling that WFRD's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 71 similar cases where WFRD's Momentum Indicator fell below the 0 level, and 57 of them led to a successful outcome. Odds of Success: 80%.