Is ADTRAN Holdings, Inc. technically bullish or bearish?

As of 26 September 2025, the technical trend for ADTRAN Holdings, Inc. has changed from bullish to mildly bullish. The weekly MACD is bullish, while the monthly MACD is mildly bullish, indicating a positive momentum. The Bollinger Bands are also showing a mildly bullish stance on both weekly and monthly time frames. However, the On-Balance Volume (OBV) is mildly bearish on both weekly and monthly charts, suggesting some selling pressure. The Dow Theory indicates a mildly bullish trend on a monthly basis but no trend on a weekly basis.
In terms of performance, ADTRAN has a year-to-date return of 11.4%, which lags behind the S&P 500's 12.96%. Over the past year, ADTRAN has significantly outperformed the S&P 500 with a return of 56.76% compared to the S&P's 15.64%. However, the longer-term returns over 3 years and 5 years show substantial underperformance relative to the S&P 500.

Overall, the current technical stance is mildly bullish, driven by the positive MACD and Bollinger Bands, despite some bearish pressure from OBV.