Is Avanos Medical, Inc. technically bullish or bearish?

As of 26 September 2025, the technical trend for Avanos Medical, Inc. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages and the weekly Dow Theory both indicating a bearish outlook. The MACD shows a mildly bullish signal on the weekly timeframe but is bearish on the monthly, while the RSI is bullish monthly but has no signal weekly. Additionally, Bollinger Bands are bearish for both weekly and monthly periods.
In terms of performance, Avanos has underperformed significantly compared to the S&P 500 across multiple periods, with a year-to-date return of -26.07% versus the S&P 500's 12.96%, and a one-year return of -49.89% compared to 15.64% for the index.