• Kyndryl Holdings stock is showing notable weakness. What’s behind KD decline?Kyndryl expanded its multi-year Strategic Collaboration Agreement with Amazon Web Services to help customers adopt and scale agentic AI while modernizing mission-critical workloads on AWS.AWS Investment and AI ModernizationUnder the expanded agreement, AWS will invest in Kyndryl's talent development, joint solution engineering, AI specialization, and industry-focused modernization capabilities. Kyndryl said its AWS-focused global business and technical team includes more than 11,000 AWS-certified professionals.The companies plan to co-develop industry-specific agentic AI modernization blueprints and offerings to help customers move AI from pilot projects into production.Automation and Cloud MigrationThe partnership aims to automate operations, coordinate workflows and reduce manual effort across large IT environments.Kyndryl and AWS recently completed an IT modernization and cloud migration project for Alpitour World, moving the company's core mainframe workloads to AWS.KD Technical Analysis: Bearish Trend With Key Support LevelsThe stock’s current price is significantly below its moving averages, with the 20-day SMA at $11.92 and the 50-day SMA at $12.64, indicating bearish momentum. The MACD is above its signal line, suggesting that downside pressure is easing, even though the overall trend remains negative.