Is BIOLASE, Inc. technically bullish or bearish?

As of 27 June 2025, the technical trend for BIOLASE, Inc. has changed from sideways to mildly bearish. The weekly MACD is mildly bullish, while the monthly MACD is also mildly bullish, indicating some positive momentum. However, the daily moving averages are mildly bearish, and the weekly KST is bearish, which suggests underlying weakness. The Bollinger Bands show a mildly bearish stance on the weekly timeframe. Overall, the lack of strong bullish signals and the presence of bearish indicators lead to a mildly bearish technical stance.
In terms of performance, BIOLASE has significantly underperformed compared to the S&P 500, with a year-to-date return of -91.67% versus the S&P 500's 12.22%, and a one-year return of -98.2% compared to the S&P 500's 17.14%.