Is ALX Oncology Holdings, Inc. technically bullish or bearish?

As of 12 September 2025, the technical trend for ALX Oncology Holdings, Inc. has changed from sideways to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend. While the weekly MACD and OBV are mildly bullish, the overall sentiment is tempered by the monthly Bollinger Bands showing bearishness and the KST indicating a bearish trend. The stock has underperformed significantly compared to the S&P 500 across multiple periods, with a year-to-date return of -34.73% versus the S&P 500's 12.22%, and a one-year return of -49.07% compared to 17.14% for the index.