Weatherford's 15min chart indicates a bullish trend with KDJ Golden Cross.

Weatherford's 15-minute chart has recently undergone a notable technical development, as it has triggered a KDJ Golden Cross and a Bullish Marubozu at 07/18/2025 13:15. This significant event suggests that the momentum of the stock price is shifting towards the upside, and there is a strong potential for further growth. As buyers continue to exert control over the market, the bullish momentum is likely to persist.

Weatherford International, Inc. (WFT) has recently experienced a significant technical development in its 15-minute chart, with the appearance of a KDJ Golden Cross and a Bullish Marubozu pattern on July 18, 2025, at 13:15. These technical indicators suggest a potential upward trajectory for the stock price, with buyers taking control of the market and maintaining bullish momentum [1].

The KDJ Golden Cross, a bullish indicator, occurs when the KDJ line crosses above the D line, indicating a shift in the momentum from bearish to bullish. The Bullish Marubozu pattern, characterized by a single candle with no wicks, suggests strong buying pressure. Together, these patterns signal a potential reversal in the stock's downward trend [1].

Weatherford International, Inc. (WFT) is a leading provider of equipment, services, and technology to the oil and gas industry. Despite recent market volatility, the company has shown resilience in its core operations. The stock has seen a 3.8% gain over the past 52 weeks, though it has lagged behind the S&P 500 Index's 11.7% rise and the Energy Select Sector SPDR Fund’s 7.9% return [2].

However, the company's Q1 results were impressive, with same-property revenue improving 3.4% from the year-ago quarter and same-property net operating income rising 3.3% year-over-year to $284.9 million. The core FFO of $3.97 per share advanced 3.7% from the same period last year, surpassing the consensus estimate by 1.3% [2].

Looking ahead, WFT reaffirmed its core FFO per share guidance for fiscal 2025, expecting it to be between $15.56 and $16.06. For fiscal 2026, its FFO per share is expected to grow 3.2% year-over-year to $16.45 [2]. Wall Street analysts are moderately optimistic about WFT’s stock, with a "Moderate Buy" rating overall. Among 26 analysts covering the stock, seven recommend "Strong Buy," two indicate "Moderate Buy," 15 suggest "Hold,” and two advise "Strong Sell” rating. The mean price target for WFT is $309.92, indicating an 8.4% potential upside from the current levels [2].

Institutional investors and hedge funds have also shown interest in WFT. Over the first quarter, OVERSEA CHINESE BANKING Corp Ltd increased its position in WFT by 56.2%, owning 30,022 shares worth $9,204,000 at the end of the quarter. Other institutional investors such as Norges Bank, Wealthquest Corp, GAMMA Investing LLC, Northern Trust Corp, and Balyasny Asset Management L.P. have also increased their stakes in WFT [3].

Weatherford's recent earnings report showed a strong performance, with EPS of $3.97 for the quarter, beating the consensus estimate of $3.92 by $0.05. The company also declared a quarterly dividend of $2.57 per share, representing a $10.28 annualized dividend and a dividend yield of 3.61% [3].

Despite the positive indicators, risks such as elevated supply of apartment units in some markets and significant concentration of assets in specific regions could impact WFT’s performance. Analysts are bullish on WFT, with a Zacks Consensus Estimate for its 2025 FFO per share at $15.93 [3].

References:
[1] https://www.ainvest.com/news/essex-property-trust-15min-chart-sees-kdj-golden-cross-bullish-marubozu-signal-2507-83/
[2] https://www.nasdaq.com/articles/essex-property-stock-gains-126-three-months-will-trend-last
[3] https://www.marketbeat.com/instant-alerts/filing-oversea-chinese-banking-corp-ltd-purchases-10801-shares-of-essex-property-trust-inc-nyseess-2025-07-15/