Is Allison Transmission Holdings, Inc. technically bullish or bearish?

As of 21 April 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, primarily driven by the weekly MACD indicating bearish momentum and daily moving averages also showing a bearish signal. The Bollinger Bands present a mixed view with weekly readings at mildly bearish while monthly readings are mildly bullish. The KST and OBV on a monthly basis are mildly bearish and mildly bullish respectively, suggesting some underlying strength, but overall, the lack of strong bullish signals from the MACD and moving averages keeps the outlook cautious. The stock has underperformed the S&P 500 over the past month and year-to-date, further supporting the bearish sentiment.