Is ARS Pharmaceuticals, Inc. technically bullish or bearish?

As of 3 October 2025, the technical trend for ARS Pharmaceuticals, Inc. has changed from mildly bearish to bearish. The current technical stance is bearish, with key indicators supporting this view including a bearish MACD on the weekly chart, bearish Bollinger Bands on both weekly and monthly time frames, and bearish moving averages on the daily chart. The KST is also bearish on the weekly and mildly bearish on the monthly. There are no signals from the RSI, and Dow Theory shows no trend in both weekly and monthly perspectives.
In terms of performance, ARS Pharmaceuticals has underperformed the S&P 500 on a year-to-date basis, with a return of -2.65% compared to the S&P 500's 14.18%, and has significantly lagged over the past year with a return of -27.63% versus the S&P 500's 17.82%.