Is Cencora, Inc. technically bullish or bearish?

As of 1 August 2025, the technical trend for Cencora, Inc. has changed from sideways to mildly bullish. The weekly MACD is mildly bearish, while the monthly MACD is bullish, indicating mixed signals across time frames. The daily moving averages are mildly bullish, supporting the overall positive trend. The Bollinger Bands show a sideways movement on the weekly chart but are mildly bullish on the monthly chart. The KST and Dow Theory indicate a mildly bearish stance on the weekly level but bullish on the monthly.
In terms of performance, Cencora has outperformed the S&P 500 year-to-date with a return of 29.45% compared to the S&P 500's 12.22%. However, over the last week, the stock has declined by 3.95%, while the S&P 500 gained 1.05%. Overall, the current stance is mildly bullish, driven by monthly indicators and strong longer-term performance.