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 indicating a bearish trend and the weekly Dow Theory also reflecting a mildly bearish outlook. The MACD shows a mildly bullish signal on the weekly timeframe but remains bearish on the monthly. The RSI is bullish on the monthly but shows no signal on the weekly, suggesting mixed signals across different timeframes.
In terms of performance, the stock has underperformed significantly against the S&P 500, with a year-to-date return of -26.07% compared to the S&P's 12.96%, and a one-year return of -49.89% versus the S&P's 15.64%.