Is 89bio, Inc. technically bullish or bearish?

Oct 12 2025 11:27 AM IST
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As of October 10, 2025, 89bio, Inc. shows a mildly bullish trend with mixed technical indicators, having outperformed the S&P 500 significantly over the past month and year, but underperformed over the 5- and 10-year periods.
As of 10 October 2025, the technical trend for 89bio, Inc. has changed from bullish to mildly bullish. The weekly MACD and KST indicators are bullish, while the daily moving averages also indicate a bullish stance. However, the weekly and monthly RSI readings are bearish, and the OBV is mildly bearish on a weekly basis. The Bollinger Bands show a mildly bullish trend weekly and bullish monthly. Overall, the technical stance is mildly bullish, with mixed signals from the indicators.

In terms of performance, 89bio has significantly outperformed the S&P 500 over the past month (73.71% vs. 0.31%) and year (98.92% vs. 13.36%), but has underperformed over the 5-year and 10-year periods.
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Our weekly and monthly stock recommendations are here
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