Is Asana, Inc. technically bullish or bearish?

As of 5 September 2025, the technical trend for Asana, Inc. has changed from sideways to mildly bearish. The weekly MACD is mildly bullish, but the daily moving averages indicate a mildly bearish stance. The Bollinger Bands and Dow Theory both suggest a bearish outlook on the weekly and monthly time frames. The KST shows mild bullishness on the weekly but is bullish on the monthly. Overall, the indicators present a mixed picture, leaning towards bearish.
In terms of performance, Asana has underperformed the S&P 500 year-to-date with a return of -29.11% compared to the S&P's 12.22%, although it has outperformed over the past year with a return of 20.55% versus 17.14% for the index.