Is 89bio, Inc. technically bullish or bearish?
As of September 11, 2025, 89bio, Inc. shows a mildly bullish trend with strong performance, having a year-to-date return of 91.30% compared to the S&P 500's 12.22%, despite some bearish signals in momentum indicators.
As of 11 September 2025, the technical trend for 89bio, Inc. has changed from sideways to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on the weekly and a mildly bullish MACD on the monthly. Bollinger Bands are bullish on both weekly and monthly time frames, while daily moving averages are also bullish. However, the RSI indicates bearish momentum on both weekly and monthly charts, and the KST shows a mildly bearish signal on the weekly. Dow Theory indicates no trend on both weekly and monthly time frames, and the OBV is mildly bearish on the weekly.In terms of performance, the stock has significantly outperformed the S&P 500 across multiple periods, with a year-to-date return of 91.30% compared to the S&P 500's 12.22%, and a one-year return of 80.02% versus 17.14%.
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