Is Amgen, Inc. technically bullish or bearish?

As of 30 May 2025, the technical trend for Amgen, Inc. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD on a weekly basis is mildly bullish, but the monthly MACD is mildly bearish, indicating mixed signals. The Bollinger Bands and moving averages are both bearish on the weekly and daily time frames, suggesting downward pressure. Additionally, the KST and Dow Theory are both mildly bearish on the weekly and monthly charts. The stock has recently experienced a significant decline, with a 1-week return of -7.82%, contrasting with the S&P 500's minimal decline of -0.13%. Overall, the technical indicators suggest a cautious outlook for Amgen, Inc.