Is Annexon, Inc. technically bullish or bearish?

As of 10 September 2025, the technical trend for Annexon, Inc. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish outlook, while the weekly MACD and Dow Theory show a mildly bullish sentiment. The Bollinger Bands on a weekly basis are bullish, but the monthly indicators present a mixed picture with bearish signals.
In terms of performance, the stock has underperformed significantly against the S&P 500 over the longer term, with a 1-year return of -61.90% compared to the S&P 500's 17.14%, and a 5-year return of -88.27% versus 96.61% for the benchmark.