Is Churchill Downs, Inc. technically bullish or bearish?

As of 8 September 2025, the technical trend for Churchill Downs, Inc. has changed from mildly bearish to bearish. The current stance is bearish with a weak strength indicated by the weekly and monthly MACD readings, both of which are bearish. The daily moving averages also confirm a bearish outlook. While the KST shows a bullish signal on the weekly timeframe, it is bearish on the monthly, suggesting mixed signals. The Bollinger Bands and Dow Theory both indicate a bearish to mildly bearish stance.
In terms of performance, Churchill Downs has underperformed significantly compared to the S&P 500 across multiple periods, with a year-to-date return of -27.82% versus the S&P 500's 12.22%, and a one-year return of -30.54% compared to the S&P 500's 17.14%.